Contact Your Financial Adviser Money Making MC
7
October 2016
Twitter stocks fell significantly
after Google and Walt Disney reportedly ruled out to acquire the struggling
micro-blogging platform - leaving only Salesforce in the bidding race. The Total Investment
& Insurance Solutions
According to a Re/Code report,
Twitter's shares dropped 17 per cent in pre-market trading on Thursday after
"deep-pocketed companies Google, Apple and Walt Disney" were reported
to be out from the Twitter buyout race. The Total Investment & Insurance
Solutions
Twitter is expected to announce its next
quarterly earnings on October 27.
According to earlier reports,
Salesforce CEO Marc Benioff is "building a case to Salesforce.com Inc.
investors and others that his company should be the buyer." The Total Investment
& Insurance Solutions
The acquisition of Twitter -
struggling to add new users amid stalled growth - may cost over $20 billion. It
currently has 313 million monthly active users. The Total Investment
& Insurance Solutions
Salesforce is vying for a social
networking platform in its kitty for long. The Total Investment & Insurance
Solutions
The company, "which reached $6
billion in annual revenue faster than any other enterprise software
company", offers customer service software, market research tools, email
marketing systems and other products and several of them already use social
media.The
Total Investment & Insurance Solutions
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