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Twitter co-founder starts new company

One of the founders of Twitter, Biz Stone, on Tuesday made the announcement that he was reducing his involvement at the micro-blogging site, to concentrate on a new company.

As quoted by AFP, the man is 37 years wrote in his personal blog that he relaunched The Obvious Corporation, a company that gave birth to Twitter, along with Evan Williams and former Google employee, Jason Goldman.

“Our plan is to develop new projects and solve major problems. The Obvious Corporation developed a system that helps people work together to improve the world,” said Stone.

Evan Williams, who last year resigned from the position of chief executive at Twitter, also announced in March that he was reducing his involvement at Twitter. He will remain on the board of directors Twitter, but it will not be involved in daily affairs.

Biz Stone of Twitter founded in 2006 with Evan Williams and Jack Dorsey, said that in the future he will continue to work with Twitter, but added that he would not engage fully.

But essentially, I will continue to dedicate my time to Twitter, whenever needed,” added Stone.

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