Is Disney set to buy Twitter? Firm joins race for ailing social network



The Walt Disney Company is evaluating a potential bid for Twitter, Bloomberg reported on Monday, citing people familiar with the matter.
Unconfirmed reports that Twitter is interested in selling itself buoyed the San Francisco-based company's shares at the end of last week, and the stock price rose around a percentage point on Monday as talk of Disney's interest spread.
Twitter co-founder and chief executive Jack Dorsey is on the entertainment colossus's board, which could help the service with its push toward using the messaging platform for streaming live video.
Twitter will be among the... read more

 
27 September 2016 in Science &Technology, Views: 55
Source: Daily Mail
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