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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Wednesday–September 17

Wrestlepalooza: ESPN Is New WWE Home, But Not For All Pay TV Subs

ESPN will air “Wrestlepalooza,” its first WWE premium live event [PLE], on Saturday, but not all ESPN subs will have access to the event.

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