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X Global Affairs Head Nick Pickles Resigns 

The "X" logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, US, July 30, 2023. (Reuters)
The "X" logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, US, July 30, 2023. (Reuters)
TT
TT

X Global Affairs Head Nick Pickles Resigns 

The "X" logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, US, July 30, 2023. (Reuters)
The "X" logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, US, July 30, 2023. (Reuters)

X's global affairs head Nick Pickles said on Thursday he is quitting after a decade with the social media company formerly called Twitter.

Pickles, who joined the company in 2014, said he had decided to leave X several months ago and was working with the Chief Executive Linda Yaccarino through the transition.

"After more than ten years, tomorrow will be my last day at X. It's been an incredible journey," he said.

It was not immediately clear what his next plans were, or why he made the decision to quit.

Elon Musk-owned X and Nick Pickles did not immediately respond to Reuters requests for comment outside of regular business hours.

In June, X's head of business operations, Joe Benarroch left the company, the Wall Street Journal reported, citing people familiar with the matter.

Pickles had started at X as a senior manager in their London office and was appointed the Vice President of Global Affairs for X in 2023 after serving in multiple roles, his LinkedIn profile showed.

The Financial Times reported that he was the company's spokesperson in battles with multiple governments, including in Brazil, which said last week it was suspending access to the social network in the country.

The popular social media platform missed a court-imposed deadline to name a legal representative in Brazil, triggering the suspension.

Musk has argued that Supreme Court Justice Alexandre de Moraes was trying to enforce unjustified censorship, while the judge has insisted that X needs hate speech regulations.

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Technology

Verizon is Buying Frontier in $20B Deal to Strengthen its Fiber Network

This April 23, 2018, file photo shows the logo for Verizon above a trading post on the floor of the New York Stock Exchange. Verizon's decision to join the growing boycott against Facebook and Twitter risks hurting the social media giants where it hurts most: their advertising revenue. Advertising accounts for nearly all Facebook's $70.7 billion annual revenue, and a similar share of Twitter's $3.46 billion. (AP Photo/Richard Drew, File)
This April 23, 2018, file photo shows the logo for Verizon above a trading post on the floor of the New York Stock Exchange. Verizon's decision to join the growing boycott against Facebook and Twitter risks hurting the social media giants where it hurts most: their advertising revenue. Advertising accounts for nearly all Facebook's $70.7 billion annual revenue, and a similar share of Twitter's $3.46 billion. (AP Photo/Richard Drew, File)
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Verizon is Buying Frontier in $20B Deal to Strengthen its Fiber Network

This April 23, 2018, file photo shows the logo for Verizon above a trading post on the floor of the New York Stock Exchange. Verizon's decision to join the growing boycott against Facebook and Twitter risks hurting the social media giants where it hurts most: their advertising revenue. Advertising accounts for nearly all Facebook's $70.7 billion annual revenue, and a similar share of Twitter's $3.46 billion. (AP Photo/Richard Drew, File)
This April 23, 2018, file photo shows the logo for Verizon above a trading post on the floor of the New York Stock Exchange. Verizon's decision to join the growing boycott against Facebook and Twitter risks hurting the social media giants where it hurts most: their advertising revenue. Advertising accounts for nearly all Facebook's $70.7 billion annual revenue, and a similar share of Twitter's $3.46 billion. (AP Photo/Richard Drew, File)

Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network.

Verizon Communications Inc. said Thursday that the acquisition will also shore up its foray into artificial intelligence as well as connected smart devices.

Frontier has concentrated heavily on its fiber network capabilities over about four years, investing $4.1 billion upgrading and expanding its fiber network. It now gets more than half of its revenue from fiber products.

The price tag for Frontier, based in Dallas, is sizeable given its 2.2 million fiber subscribers across 25 states. Verizon has approximately 7.4 million Fios connections in nine states and Washington, D.C, The AP reported.

Frontier has 7.2 million fiber locations and has plans to build out an additional 2.8 million fiber locations by the end of 2026.

“The acquisition of Frontier is a strategic fit," Verizon Chairman and CEO Hans Vestberg said in a prepared statement. "It will build on Verizon’s two decades of leadership at the forefront of fiber and is an opportunity to become more competitive in more markets throughout the United States, enhancing our ability to deliver premium offerings to millions more customers across a combined fiber network.”

Verizon, based in New York City, will pay $38.50 for each Frontier share. The deal is expected to close in about 18 months. It still needs approval from Frontier shareholders.

Shares of Frontier Communications Parents Inc., which were halted briefly on Wednesday after a report from the Wall Street Journal about the deal sent the stock up nearly 40%, fell 9% before the market opened on Thursday. Verizon's stock rose slightly.