Talks of Twitter being up for sale has long been running in our newsfeed, which is why excitement was due when talks of Apple, Google and Disney are considering the possibility of acquisition. But in what could be a dramatic twist in a story, rumors now suggest that neither one of them is likely to buy.
As reported by Tech Times, since Jack Dorsey, CEO of Twitter, is one of Disney's board member, rumors said that Disney would most likely buy the site. Google on the other hand, came to light as one of its prospective buyer ever since the company has been unsuccessful, despite massive internet presence, in expanding its reach through social media, which makes acquiring Twitter a probable course of action.
In a report by Recode, sources say that all of the companies mentioned above along with Apple as the likely buyer, have all said no to acquiring Twitter. The report also added that Apple, according to sources, has its focus on their current flagship and not on social media presence.
Just recently, in an interview by CNBC, Yahoo's CEO Ross Levinsohn noted that in order for Twitter to maintain its operation, it needs to be under the wing of a technology giant. Then proceeded to discuss that Apple or Google would have been a perfect partner. Apple could use Twitter to solve its problem of creating a more news-oriented platform for its users while Google would have made a perfect Youtube-Twitter-Google Trifecta that would excite consumers.
Twitter, which celebrated its 10th year anniversary this year, has been one of the most popular medium for online social interactions. According to the company's website, it has 313 million monthly active users. It also has 3,860 employees spread across in their more than 35 office locations. Additonally, 79% of its users are outside the U.S. which is why the site supports more than 40 languages in its platform.
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