Founder of 'Russian Facebook' retracts resignation

Apr 03, 2014
A picture taken in Russia's second city of St. Petersburg on November 1, 2013, shows a view of a building where the social network VKontakte (In Touch) rents an office space

The founder of Russia's top social network, Pavel Durov, retracted his resignation from VKontakte on Thursday, hinting that news of his departure had been an April Fools' joke.

Durov had announced that he was stepping down as of the site sometimes referred to as "Russia's Facebook" on Tuesday, April 1, signing off with a cryptic quote from the "Hitchhikers Guide to the Galaxy" series: "So Long and Thanks for All the Fish".

Although the news was initially thought to be an April Fool's stunt, it was later confirmed by shareholders.

But on Thursday he posted a picture of a dog on his page on VK—the new name of VKontakte—with the caption: "I want to wish everyone who had thought that I would resign of my own will a happy recent holiday."

United Capital Partners, a major shareholder with whom Durov had fallen out, confirmed that the social media guru had also sent the company a note informing them that he wanted to retract his resignation.

"We can confirm that around 4am Moscow time, all board members of VK received a letter from Pavel Durov revoking his prior resignation," spokeswoman Nafisa Nasyrova said in an email, without explaining whether or not Durov will be allowed to resume his former post.

Durov is said to have officially offered his resignation in March, although news of his departure only became public this week.

In the letter, published by Forbes magazine's Russia edition, Durov reportedly said: "My resignation at this moment can create unnecessary risks for the company. I intend to remain and serve as the CEO."

Commenting on Durov's suggestion that his had been a joke, Nasyrova suggested shareholders had not found the whole escapade particularly humorous.

"We do not consider it funny especially taking into account that the board of VK is meeting at the moment in Riga to discuss candidates for Durov's replacement," Nasyrova said.

Explore further: No joke as 'Russian Facebook' founder resigns amid dispute (Update)

add to favorites email to friend print save as pdf

Related Stories

Recommended for you

Nokia profits rise after sale of handset division

49 minutes ago

(AP)—Telecommunications and wireless equipment maker Nokia Corp. saw its shares surge on Thursday after it reported higher profits and an improved earnings outlook in the wake of its sale to Microsoft of its troubled handset ...

Swiss drug maker Roche posts 7 percent profit drop

3 hours ago

(AP)—Swiss drugmaker Roche Holding AG on Thursday posted a net profit drop of 7 percent compared with a year ago, weighed down by a strong Swiss franc and charges from one of its diagnostic units.

Cheaper wireless plans cut into AT&T 2Q profit

14 hours ago

(AP)—AT&T Inc. on Wednesday posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US.

Facebook 2Q earnings, revenue soar (Update)

14 hours ago

(AP)—Facebook is on a roll. The world's largest online social network posted sharply higher earnings on Wednesday as revenue from mobile advertising continued to grow, and more people used it, more often.

Android grabs more tablet market share

16 hours ago

Global sales of tablet computers edged higher in the second quarter, in the slowest growth since 2009, research firm Strategy Analytics said Wednesday.

User comments : 0