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Discord's CEO and co-founder is stepping down

23 April 2025 at 18:18

Discord CEO and co-founder Jason Citron has announced that he's stepping down from his leadership role at the chat app and being replaced by Humam Sakhnini, a former executive from Activision Blizzard. Citron will remain on Discord's board of directors, and fellow co-founder Stanislav Vishnevskiy will continue acting as the company's chief technology officer.

"From the very beginning, our mission has been about bringing people together around games," Citron said in a statement. "It’s a mission I’ve dedicated my career to, and I'm confident that passing the torch to Humam is the right evolution for Discord's future." While initially pitched as a way to talk to friend's before, during and after playing games, Discord has morphed into a much larger and more general social platform, serving "more than 200 million monthly active users worldwide," the company says.

There's an important financial context to Citron's move. The New York Times reported in March that Discord was meeting with investors to take the company public. Sakhnini has experience acting as a leader of a public company. He was also the President of King Digital β€” the creator of Candy Crush and other popular mobile games β€” after the company was acquired by Activision Blizzard. A veteran executive could be a natural fit to usher Discord to an IPO. Citron didn't deny the plan when GamesBeat asked if the company would go public: "As you can imagine, hiring someone like Humam is a step in that direction."

Just a few years ago, Discord was reportedly in talks to be acquired by Microsoft, which seemed like a natural fit alongside Xbox. The rumored $10 billion deal fell through, but both Xbox and PlayStation platforms got Discord integration.

This article originally appeared on Engadget at https://www.engadget.com/apps/discords-ceo-and-co-founder-is-stepping-down-181851778.html?src=rss

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Meta's new board members include former Trump security advisor

12 April 2025 at 12:15

Meta has announced that Patrick Collison and Dina Powell McCormick are joining its board of directors on April 15. Collison is the co-founder and CEO of Stripe, the payment processor and financial services company that he started with his brother. He is also the co-founder of the Arc Institute, a biomedical science and technology institution. Meanwhile, Powell McCormick was a partner at Goldman Sachs and ran its Global Sovereign investment banking business. She also worked for the US government and served as Deputy National Security Advisor to President Donald Trump during his first term.Β 

Powell McCormick helped shape the Trump administration's foreign policy, especially in regards to the Middle East as an Egyptian-American. She served as an Assistant to the President and Senior Counselor for Economic Initiatives during Trump's first term, as well. Her Trump-era appointments weren't the first time she worked in the US government, though: Back during the George W. Bush administration, she served as the Assistant to the President for Presidential Personnel, Assistant Secretary of State for Educational and Cultural Affairs and Deputy Undersecretary of State for Public Affairs and Public Diplomacy. She is married to Republican senator Dave McCormick.Β 

"Patrick and Dina bring a lot of experience supporting businesses and entrepreneurs to our board. Patrick is deeply committed to expanding economic opportunity, and Dina has a long career advocating for economic development and supporting entrepreneurs. Their perspective will be extremely valuable to businesses that rely on our services to grow," Meta chief Mark Zuckerberg said in a statement.Β 

In January, Meta also welcomed UFC CEO Dana White, who's a known friend and associate of Donald Trump and a supporter of his re-election bid, to its board of directors. White's and Powell McCormick's additions to Meta's board are signs that the company is tacking right now that Trump is back in power, and perhaps one of the ways the company is ingratiating itself to the current administration.Β 

This article originally appeared on Engadget at https://www.engadget.com/big-tech/metas-new-board-members-include-former-trump-security-advisor-121510374.html?src=rss

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WASHINGTON, DC - JANUARY 20: Mark Zuckerberg, the CEO of Meta, attends the United States Capitol on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th President of the United States. (Photo by Shawn Thew-Pool/Getty Images)
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