Delays in Twitter search for new CEO worries investors

Twitter’s snails’ pace search for a new chief executive is raising concerns about deeper woes at the social media platform. The San Francisco messaging platform has been searching for a new leader since Dick Costolo announced on June 12 he was stepping down, with co-founder Jack Dorsey holding the job on an interim basis since July 1. Over the past 3 months, several reports had suggested that a decision was imminent, but Twitter itself has remained mum on the subject. The unusually long search has some investors and analysts worried over the future of Twitter, which has failed to ignite the kind of growth that many had anticipated when it launched its public offering in 2013. 

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