Top 10 News for 6/8 - 6/12: Twitter's Embattled CEO Costolo Steps Down; Apple Launches Streaming Music Platform - InvestingChannel

Top 10 News for 6/8 – 6/12: Twitter’s Embattled CEO Costolo Steps Down; Apple Launches Streaming Music Platform

1. Twitter, Inc., (NYSE: TWTR) gained Friday after it announced that Dick Costolo has decided to step down as Chief Executive Officer of Twitter, effective July 1, 2015. Twitter’s Board of Directors has named Jack Dorsey, Co-Founder and Chairman of the Board, to serve as Interim CEO while the Board conducts a search for Twitter’s next CEO. Costolo will continue to serve on Twitter’s Board of Directors, and Dorsey will continue to serve as CEO of Square, Inc., the payments and financial services company he co-founded in 2009.

2. Apple (Nasdaq: AAPL) kicked off its WWDC this