Our Take:

Twitter CEO Dick Costolo will step down in the next few weeks, The Verge reports. His future at the company has been in question the last several months due to a lack of subscriber growth and unfavorable stock price. Co-founder Jack Dorsey will step up as the interim CEO while Twitter performs a search. Stock prices surged 8% after the announcement.

Twitter CEO Dick Costolo is out at Twitter, a source at the company tells The Verge. Costolo told the staff today he would be stepping down in the next few weeks. Twitter co-founder Jack Dorsey will be interim CEO, the source said. Developing …

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Levin Reads Tea Leaves on Starlink’s Place in BEAD

New Street Research analyst and Brookings nonresident senior fellow Blair Levin has been peppered with all sorts of questions about Donald Trump’s second term as president.

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