Microsoft won't buy Twitter
The sale of Twitter has become the subject of continuous rumours for many months. The company has reportedly initiated talks with several technology companies to explore selling itself; however, Microsoft does not seem interested, speculate analysts and market researchers.
According to several media reports, Twitter is in talks with companies like Google, Verizon, and Microsoft, and may receive a formal bid soon. However, Microsoft may withdraw its name from the long run, as the company has recently purchased LinkedIn worth $26.6 billion.
On September 23, Twitter share jumped more than 19 per cent to $22.22 per share, as a result the company now said to be valued around $16 billion. After making such a large acquisition, Microsoft is speculated not to purchase Twitter anytime soon, and the deal may be struck by a possible suitor.