- Credits
- 23,428
More than $1.5bn (£1bn) was added to the value of Twitter on Tuesday following reports Google could launch a bid for the social network.
Shares in Twitter jumped 4.8pc on reports the US company had hired Goldman Sachs as an adviser to fend off approaches.
Two companies are believed to have contacted Twitter with “serious” interest, according to Briefing.com, with Google identified as one of those firms.
Twitter, which allows its users to post short messages online, has a market capitalisation of more than $34bn. Despite being less than 10 years old, the company has 288m monthly active users.
Read More
I never knew Google wanted Twitter.
Shares in Twitter jumped 4.8pc on reports the US company had hired Goldman Sachs as an adviser to fend off approaches.
Two companies are believed to have contacted Twitter with “serious” interest, according to Briefing.com, with Google identified as one of those firms.
Twitter, which allows its users to post short messages online, has a market capitalisation of more than $34bn. Despite being less than 10 years old, the company has 288m monthly active users.
Read More
I never knew Google wanted Twitter.