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No One Wants To Buy Twitter (theverge.com)

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.

2 of 316 comments (clear)

  1. Re:I want to buy Twitter. by Hognoxious · · Score: 4, Informative

    That's cute and everything, but when you buy a company you take on its liabilities[1]. I suspect that's why so companies are looking under the veil and walking away from the altar.

    [1] Unless you're this jumped-up barrow boy, apparently.

    --
    Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  2. Well duh... by Lumpy · · Score: 3, Informative

    No one wants to buy a large open festering cesspool either.

    Twitter has turned into a place of seething hatred and all that is wrong with humanity. Almost all the big guys have stopped interacting with it and now use it as a write only medium due ot the sheer numbers of shitmouths that are there that make slashdot trolls look civilized.

    Their own fault for not delivering tools that allow the control of the mess early on. now it's too late.

    --
    Do not look at laser with remaining good eye.