By Rachel Sharp For Dailymail.com
Published: 05:57 GMT, 1 March 2020 | Updated: 05:57 GMT, 1 March 2020
A Republican mega-donor and converted Trump supporter has bought a large stake in Twitter and is planning to oust Jack Dorsey from his role as CEO, according to sources close to the matter.
Paul Singer, founder of investment management firm Elliott Management, has reportedly taken a hefty stake in the social media company and is planning to use his newfound influence to push for many changes, starting at the top.
One of the first things on his list is to force out CEO Jack Dorsey, sources told Bloomberg.
Singer is a Republican donor who opposed Trump during his 2016 race for the White House but he has since done a u-turn to become a keen supporter of the president.
Paul Singer (left), founder of investment management firm Elliott Management, has reportedly taken a hefty stake in Twitter and is planning to use his newfound influence to push for many changes, starting with forcing out CEO Jack Dorsey (right)
In 2017, Trump invited Singer to the White House and said afterwards that Singer 'was very much involved with the anti-Trump or, as they say, 'Never Trump', and Paul just left, and he's given us his total support and it's all about unification'.
It's no secret that Trump is a big fan of using Twitter to broadcast his thoughts to the world and to announce major events impacting the US.
But Twitter came under fire