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October 16, 2016 08:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/SAmnLS9sp54/no-one-wants-to-buy-twitter
No One Wants To Buy Twitter
At one point, it seemed that many were interested in purchasing the micro-blogging social platform (which now calls itself a news service) Twitter, but its fate is quickly drying up. Salesforce (which couldn't buy LinkedIn) showed the most interest in Twitter, but this week its CEO Marc Benioff said his company has "walked away" from making a bid to buy it. The Verge sums up the situation: If you're keeping track, that's now... pretty much everyone who's said they're not interested in buying Twitter. Neither Google nor Disney plan to bid on Twitter, despite reports saying both were interested. Recode says that Apple is likely also out of the picture. And Verizon immediately dismissed speculation that it was considering a bid. Facebook is also said to be uninterested, according to CNBC. And while Microsoft's name has been tossed around, no one seems to think the acquisition would make any sense for an increasingly enterprise-focused company.The situation is so bad that as soon as the news of Salesforce withdrawing its name from the bidding race broke, its stock quickly went up by 6 percent, while Twitter's stock registered a 6 percent drop.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/SAmnLS9sp54/no-one-wants-to-buy-twitter
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