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

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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  • (Score: 2) by bob_super on Saturday September 24 2016, @01:24AM

    by bob_super (1357) on Saturday September 24 2016, @01:24AM (#405796)

    Instagram is still alive, and Skype hasn't sunk yet, but you're correct that msot acquisitions end up either as failures or temporary add-ons in other products.
    Sometimes that's also the goal.

    But since "journalists" are totally enamored with absurd and abusive twitter man-on-the-street quoting, Google might see some Apple-life benefits to keeping the service alive.

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