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Thursday, April 26, 2012
Jack Dorsey Talks Square, Twitter, And Instagram-Facebook With Charlie Rose
Twitter co-founder, and Square CEO and co-founder Jack Dorsey sat down with Charlie Rose yesterday (you can watch the full video clip here) to talk about the two companies he's developed as well as Facebook's $1 billion acquisition of Instagram and the "digital revolution." The entire interview is just under 18 minutes, and is worth a watch, but here are some of the highlights: As Square revealed yesterday, the payments company is now processing $5 billion in annual payments (or around $416 million in payments per month), which is up from $4 billion in annual payments in March. Dorsey says that Square is moving fast, and this year will be expanding internationally, both to local shops and larger merchants. "We want to be the point of sale for every merchant," he tells Rose.
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