|TWITTER FOUNDER/CEO JACK DORSEY|
Today twitter is getting a much needed shot in the arm as far as its stock performance goes thanks to the fact that the company has officially begun discussions about selling itself. Two of the companies Twitter is talking with are said to be Google and Salesforce which has kicked the company’s stock up 21 percent, bringing it to a market cap of $16 billion. Founder Jack Dorsey returned to the company in what many including investors hoped would’ve been his Steve Jobs moment, but everyone is still waiting on that moment to arrive. Since his return Mr. Dorsey has rolled out some new features, products and partnerships, but nothing seems to be sticking at the moment. The company has recently been calling itself a breaking news source and has been entering partnerships to drive that image.
More from ACQUISITIONS
Meredith for the third time we know of, has officially submitted a takeover bid for iconic magazine publisher Time Inc. …
Mashable which announced in the summer that it was exploring strategic options including a partial or full sale, has opted …