Wall Street is a flutter over the future of Twitter.
I'm Bridget Carey, this is your CNET update.
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Twitter is looking for a new leader.
The network's chief executive **** Costolo announced he's stepping down and co-founder and chairman Jack Dorsey is stepping in as interim CEO on July first.While the company looks for a permanent replacement Dorsey will be juggling double duty as CEO of Square, the mobile payments company he founded.
Costolo is popular among employees.
But Wall Street investors have been very critical since Twitter wasn't growing its monthly active users fast enough.
That's because Twitter can be a little confusing to the non-initiated And even with revenues doubling year over year, Twitter was not turning a profit for the stock and that's what investors care about.
So good luck to whoever comes next.
Pleasing investors and getting more people on Twitter will not be an easy task.
Just please don't turn twitter into some sort of watered down version of Facebook.
Now rapper Snoop Dogg has put his hat in the ring to be the next CEO.
Investors should be pleased he'll have his mind on his money, and his money on his mind.
Dropping saves like it's hot, retwizzling the retweets.
But I worry he just Just let the network go up in smoke.
And before the CEO switch up news, Twitter did announce something else.
It's removing the 140 character limit on direct messages.
When you're privately chatting with someone, you can type as much as you want This change begins next month.
But normal tweets are still limited to 140 characters as usual.
Let's switch gears to 3D.
If you wanna make your own 3D printed items, there are new types of computers to get you started.
Last year HP released the Sprout PC.
It's a way to scan objects, and it also projects images on a touch mat below where the keyboard typically Sits.
It lets you scan anything and create a digital file in your computer to send to a 3D printer.
The issue is that scanning isn't exactly easy.
But now HP came out with a turntable and software that automates the whole scanning process.
It tilts the object to help you get the best scan from all angles.
The little capture stage costs $300 and the Sprout PC itself is $1900.
And get ready for a slew of video game news in the next few days as the big E3 video game expo kicks off in Los Angeles.
Microsoft has the first big announcement Monday morning.
Expect much of the talk to be around Halo 5, it's one of the most anticipated games coming this year.
And I'm sure Microsoft is gonna give us more reasons on why a Windows 10 PC is gonna make your XBox experience better, because Windows 10 is coming out next month.
Sony will follow with it's PlayStation news later in the day, and Nintendo has it's news conference on Tuesday.
We'll have to see if Nintendo will talk about it's mobile game plans, or maybe give us a clue Clue on its mysterious new console in the works.
That's it for this tech news update.
There's plenty more at cnet.com.
From our studios in New York, I'm Bridget Carey.
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