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Salesforce CEO Says No to Twitter Bid

posted by cmn32480 on Monday October 17 2016, @06:17AM   Printer-friendly
from the twit-tock-time-is-running-out dept.

MrPlow writes:

Submitted via IRC for TheMightyBuzzard

It's official. Salesforce CEO Marc Benioff told Financial Times that it will not be bidding on Twitter. On news that the CRM company was pulling out of the running, the social network's stocks tumbled six percent.

During an Interview with FT, Benioff said, "in this case we've walked away. It wasn't the right fit for us." Salesforce was the last big name in the running to bid on Twitter. Google and Disney had already removed themselves from potentially buying the company.

Earlier this month Reuters reported that Twitter was pushing to have a sale decision by October 27th. An incredibly aggressive plan for any company, especially one that's seen user growth nearly flatline and struggles to make a profit. Meanwhile, not everyone inside the blue bird is happy about a potential sale.

Source: https://www.engadget.com/2016/10/14/salesforce-ceo-says-no-to-twitter-bid/

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  • (Score: 0, Flamebait) by Anonymous Coward on Monday October 17 2016, @07:16AM

    by Anonymous Coward on Monday October 17 2016, @07:16AM (#415134)

    You should have made your BBS message board easy for idiots to use, then it would be worth billions. And there, dear elitist, is the crux of the situation. You're not worth shit, because you think you're better than the fucking idiots, but the idiots have conquered your fucking ass because they outnumber you.

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  • (Score: 0) by Anonymous Coward on Monday October 17 2016, @07:28AM

    by Anonymous Coward on Monday October 17 2016, @07:28AM (#415135)

    You both have valid points, I like the idea that such things won't be worth so much because users will be freed from these stupid walled gardens!

    • (Score: 1, Informative) by Anonymous Coward on Monday October 17 2016, @07:45AM

      by Anonymous Coward on Monday October 17 2016, @07:45AM (#415136)

      Stupid people love stupid walled gardens because having monopolies is easier than having choices. No matter how much they say they hate Comcast, stupid idiots keep paying Comcast for SportsNet. All the idiots are on Facebook because all the other idiots are on Facebook. If anything, there are too many stupid walled gardens to choose from, and Twitter should either merge with another social network or cease to exist.

    • (Score: 2) by VLM on Monday October 17 2016, @11:59AM

      by VLM (445) on Monday October 17 2016, @11:59AM (#415171)

      users will be freed from these stupid walled gardens

      And they'll go somewhere else and F it up?

      Its kinda like asking why people were grateful for the Mos Eisley spaceport, its better to have a dedicated hive of scum and villainy to avoid, rather than having them wandering around messing up everyone stuff.