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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: 2) by The Mighty Buzzard on Monday October 17 2016, @08:37PM

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Monday October 17 2016, @08:37PM (#415385) Homepage Journal

    S'not secret, it's just not widely known. Which is good because it's still being developed and couldn't remotely handle twitter's load at the moment.

    That place provides nothing more than a trigger protection, except for those offended by the left side of western society.

    Are you really that stupid or are you being intentionally disingenuous? Getting shadowbanned or outright banned for posting anti-Hillary links/images isn't censorship now? Try criticizing a third-wave feminist. Go ahead, I'll wait... Got you banned, didn't it? Stop talking out of your ass.

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