costolo in A Sentence

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    Costolo will not leave the company entirely, but will instead remain on its board.

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    Still, the profit and revenue figures will likely give Costolo a little room to breathe.

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    While Costolo has yet to announce what kind of money Twitter is making, he did make it clear the company is producing.

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    Costolo had faced considerable pressure from investors who have been unhappy with Twitter's performance, and the move is not an altogether unexpected one.

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    However, that statement apparently only applied to Google's rumored $10 billion proposal, and Costolo declined to offer when asked the same question regarding a Facebook offer.

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    Just over a week after Chris Sacca released a lengthy letter providing some constructive(though sometimes harsh) criticism for Twitter, the social network's embattled CEO, Dick Costolo, has announced that he will be stepping down from the company's helm on July 1.

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    However, in an interview with CNBC, Mr Costolo said that it was not just the World Cup that drove user growth, in an effort to allay fears that the company would not be able to keep the users it gained during the sporting event.

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