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Jack Dorsey: I Will Do ‘Whatever It Takes’ to Ensure Twitter and Square Are Successful

Thurgood Marshall College Fund 28th Annual Awards GalaThurgood Marshall College Fund 28th Annual Awards Gala
CEO of Twitter and Square Jack Dorsey accepts the award for CEO of the Year at the Thurgood Marshall College Fund 28th Annual Awards Gala on Nov. 21, 2016 in Washington, DC. Teresa Kroeger/Getty Images for Thurgood Marshall College Fund

The CEO of both Twitter and the payments company Square has said he will do “whatever it takes” to ensure both tech businesses are successful.

Speaking to CNBC, Jack Dorsey added that there are “potential synergies” between the two companies, which he has been running simultaneously since last summer.

Earlier this month, the U.K.’s Sunday Times newspaper reported that pressure has been growing on Dorsey to resign following allegations that around 15% of all Twitter users are “bots” rather than actual people—nearly twice what the company had estimated.

Although Square’s net revenue rose to $439 million in the third quarter that ended on Sept. 30, 2016, from $332.2 million a year earlier, Twitter’s shares have plunged by nearly two-thirds in the past year.

Square launched in the U.K. today, making it the fifth country where the payment system is available, following the U.S., Canada, Japan, and Australia.