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Twitter Reportedly in Talks With Google, Salesforce for Potential Sale

posted by CoolHand on Saturday September 24 2016, @12:24AM   
from the the-big-boys-get-bigger dept.

MrPlow writes:

Submitted via IRC for TheMightyBuzzard

Twitter is reportedly in conversation with a number of tech companies for a potential sale. According to CNBC, the social company is in talks with the likes of Google and cloud computing company...

The suiters [sic] courting Twitter are said to be interested in the data the company generates from its 313 million active users. However, sources say that, while conversations are ongoing and picking up steam, there's no assurance that a deal will be inked. As a result, Twitter's stocks have soared as high as 23 percent based on the news. Meanwhile, TechCrunch reports that the company has just lost two key staffers, including head of TV Andrew Adashek.

Source: http://www.theverge.com/2016/9/23/13028616/twitter-sale-talks-google-salesforce

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Original Submission

• Re:Ponder this (Score: 2, Touché) by Anonymous Coward on Saturday September 24 2016, @01:14AM

  by Anonymous Coward on Saturday September 24 2016, @01:14AM (#405792)

  There are buyouts where the buyer is actually interested in using the technology that the bought company has. Google bought out Android Inc. in 2005, and Google went on to make Android the mobile operating system with the greatest global market share. Such acquisitions are of course the exception rather than the rule.

  Parent

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