Google and Salesforce place interest in bids to acquire Twitter

Acquisition possible before end of year In a recent turn of events on Friday, Google and Salesforce have made offers to acquire San Francisco-based social media giant Twitter to an estimated sum of $30 billion. According to market reports, rumors of the stock buyout drove the price of shares up as high as 20 percent in early morning trading. So far, “people familiar with the matter” have said the company has the potential to sell for around $26 per share, but has been recently cited as having slow revenue growth in its latest earnings report. The idea of a real-time information company like Twitter being acquired by Salesforce or Google brings several interesting avenues of management using artificial intelligence, although this also has the potential to quickly backfire without careful…


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