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Microsoft Among Those Reportedly Interested in Possibly Buying Twitter [UPDATE]
[UPDATE] Bloomberg is reporting that Disney is now evaluating the prospect of bidding to buy Twitter. The House of Mouse has reportedly brought on a financial adviser.
The original story is below.
Multiple reports today have named a handful of companies that could be thinking about bidding to purchase social networking site Twitter--and Microsoft is among them.
TechCrunch reports that Microsoft, Google, Salesforce, and Verizon are all potentially interested in bidding to acquire Twitter, though nothing is nailed down at this point. Whatever the case, investors are responding positively to the news, as shares rose by 22 percent today.
According to the report, Microsoft's supposed expression of interest to acquire Twitter is in part a play to drive up the price to keep Salesforce, a cloud computing company, from buying it. A Microsoft spokesperson declined to comment.
Microsoft announced in June that it would pay more than $26 billion to acquire LinkedIn. Salesforce was interested in buying LinkedIn before Microsoft stepped in to seal the deal, according to The Wall Street Journal.
CNBC, which reported on Google and Salesforce's reported interest in buying Twitter as well, cited sources as saying Twitter's board of directors would be "largely desirous of a deal." One source said buyout talks were "picking up momentum" and a deal could be announced before the end of the year.
Keep checking back with GameSpot for more.
In other news related to Twitter, the site has launched a new Xbox One app that lets you not only keep up with news what what your friends are up to, but also watch Thursday Night Football games.
Twitter launched an official gaming account in February this year. The company also has a gaming leader, Rodrigo Velloso, who works as director of gaming partnerships at the company. He came to Twitter after more than two years with the same title at the Google-owned video behemoth YouTube.
More...
The original story is below.
Multiple reports today have named a handful of companies that could be thinking about bidding to purchase social networking site Twitter--and Microsoft is among them.
TechCrunch reports that Microsoft, Google, Salesforce, and Verizon are all potentially interested in bidding to acquire Twitter, though nothing is nailed down at this point. Whatever the case, investors are responding positively to the news, as shares rose by 22 percent today.
According to the report, Microsoft's supposed expression of interest to acquire Twitter is in part a play to drive up the price to keep Salesforce, a cloud computing company, from buying it. A Microsoft spokesperson declined to comment.Microsoft announced in June that it would pay more than $26 billion to acquire LinkedIn. Salesforce was interested in buying LinkedIn before Microsoft stepped in to seal the deal, according to The Wall Street Journal.
CNBC, which reported on Google and Salesforce's reported interest in buying Twitter as well, cited sources as saying Twitter's board of directors would be "largely desirous of a deal." One source said buyout talks were "picking up momentum" and a deal could be announced before the end of the year.
Keep checking back with GameSpot for more.
In other news related to Twitter, the site has launched a new Xbox One app that lets you not only keep up with news what what your friends are up to, but also watch Thursday Night Football games.
Twitter launched an official gaming account in February this year. The company also has a gaming leader, Rodrigo Velloso, who works as director of gaming partnerships at the company. He came to Twitter after more than two years with the same title at the Google-owned video behemoth YouTube.
More...