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Twitter sets sale price: At least $30 BILLION


If reports on Friday are to be believed, it won’t be long before Twitter finds itself in the clutches of a cash-rich corporate overlord. According to Recode, Google and Salesforce have expressed interest in buying the beleaguered social network to the tune of billions of dollars. And the deal’s moving fast — formal bids may be submitted in a matter of weeks.

Twitter’s board of directors is spearheading the acquisition effort, Recode reports. It’s seeking at least $30 billion, although the exact number is reportedly in flux. Conversations are “picking up momentum,” the publication reported, and an announcement is expected “before year-end.” – READ MORE

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