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Twitter's First Tweeter Returns As Product Guru

SAN FRANCISCO (CBS/AP) - The Twitter co-founder responsible for the 5-year-old service's first tweet is returning to oversee the company's products.

Jack Dorsey, Twitter's original CEO, announced his new role Monday on his Twitter account. He says he intends to remain CEO of a mobile payments service called Square that's located near Twitter's San Francisco headquarters.

As part of his new job, Dorsey's title has been changed from Twitter's chairman to executive chairman.

Dorsey stepped down as Twitter's CEO in 2008 and was replaced by another co-founder, Evan Williams. After that change, Twitter's online audience ballooned from about 3 million users to about 200 million now. Williams handed over the reins to Twitter's current CEO, Dick Costolo, nearly six months ago.

Costolo welcomed Dorsey back in a post on his Twitter account.

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