Twitter shares soar as social media giant turns a profit

Here are a few reasons to pick up a copy of The Guardian on Thursday Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣

In an effort to stem incidences of business failures in the corporate polity, H. Michael & Co. founder Dr. Adeyinka Hassan in commemoration of its 10th anniversary put together a conference tagged: Corporate Governance and Enterprise Development Conference. The well-attended conference examined the imperatives of corporate governance for the success of business enterprises in Nigeria, creating economic stability and business sustainability.

The Social Democrats' narrow victory in Germany's federal elections suggests the country could be heading into a more progressive future. As coalition talks get started, business leaders want their priorities heard.

We take a look at the jabs, jokes and frenzy over Facebook's seven-hour outage. But first, the French press is widely covering a damning report about paedophilia in the French Catholic church. We also find out about the uncertain, perilous fate of a tanker off the coast of Yemen.

The standoff over migrants entering the EU between Minsk and Warsaw has hit local Polish businesses near the border, many reliant on tourism. With the winter coming and no end in sight to the crisis, DW visited the area.

Twitter buys out group chat app Sphere

Report: Africa to see less funding for fossil fuels - Nigeria introduces eNaira digital currency - Solar powered vehicles made in Germany?

Benefitting from soaring demand for online ads, Google's parent company Alphabet reported nearly $19 billion in profits between July and September, up 68 percent from the same period last year. Microsoft's earnings also beat expectations, while French consumers are gearing up for some price hikes at the bakery.

Bar owner Mohamed Lamin Mansaray told everyone to run away from his bar just before a fuel tanker exploded following a traffic collision, killing at least 99 people and injuring hundreds more on Friday (November 5) in Sierra Leone. The explosion destroyed Mansaray's business killing a staff member and destroying his home, which he had built for himself and his 10 family members. "We are getting into festive season....I have just purchased a brand new musical set, lots of drinks from the Sierra Leone brewery and chairs that worth about Le 270,000,000 (24,700 USD). Property that I have lost and one of my staff died”, said Mansaray while pointing at what is left of his business.

The world's richest man sold about 900,000 shares of his company Tesla after asking Twitter followers whether he should sell 10% of his stocks. But documents showed the sale was put in motion much before the poll.

Twitter co-founder Jack Dorsey is stepping down as chief executive of the company. He will be replaced by the current chief technical officer, Parag Agrawal, Twitter said. Mr Dorsey, who co-founded Twitter in 2006, has been serving as chief executive of both Twitter and payment firm Square.

This week, Twitter co-founder Jack Dorsey announced he was stepping down as CEO, and named Parag Agrawal, the company's chief technology officer, as his replacement.⁣ ⁣ Agrawal has played a key role in driving the "re-acceleration" of Twitter's growth and helped oversee its fledgling cryptocurrency initiatives and machine learning efforts, a possible nod to why the Indian-American may have been the top choice for the CEO position.⁣ ⁣