Showing posts from September, 2016

Twitter is more than ever interested in a sale

Fresh and interesting article posted on TechCrunch about how Twitter's stock has been under pressure for months, as the company struggles to boost user growth and the potential sale.
Happy reading!
"Twitter continues to inch its way to a sale process, and the latest developments come in the form of alleged bids from potential buyers. Today CNBC is reporting, and we have also independently heard, that both Google and Salesforce are interested in buying the company. We have additionally heard that Microsoft and Verizon have also been knocking, although right now Verizon (which also owns AOL, which owns us), may have a little too much on its plate. Twitter currently has a market cap of $13.3 billion, and it opened for trading today with a jump of nearly 22%, in response to all these whispers. Google, Microsoft and Verizon have been reported as potential suitors in the past (one recent article here), and what we’re hearing about the Microsoft interest is that it, in part, is an a…