Monday 26 September 2016

How will Twitter’s suitors reap its value? — FT.com

How will Twitter’s suitors reap its value? — FT.com:

"Twitter may finally be running out of time.

News at the end of last week that Google and cloud software company Salesforce have both held preliminary discussions about a possible acquisition have underlined waning Wall Street confidence in the social media group’s attempts to reinvigorate growth and maintain its independence.

Fifteen months after the return of co-founder and product visionary Jack Dorsey, Twitter has failed to come up with the new ideas needed to reach a wider group of users. It also admitted after its last quarterly earnings that it was not doing enough for advertisers to justify its current pricing."



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