salesforce.com (CRM) Says 'No Comment' on Twitter (TWTR) Rumors
- Top 10 News for 12/2: Crude Rips on OPEC Cut; Starbucks' Schultz Steps Down; Nonfarm Payrolls Flat in Nov.
- Unemployment Rate Drops to 4.6%
- Bond yields slip on U.S. jobs data, euro steady before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
"We don't comment on rumors," Chi Hea Cho, VP Corporate Communications at salesforce, told StreetInsider in an e-mail after CNBC's David Faber reported this morning that the company and Google are eyeing a potential Twitter takeover.
The comments comes despite an exec at salesforce stoking the takeover flames after tweeting positive about the company after the rumors broke. salesforce Chief Digital Evangelist Vala noted the following positives about Twitter:
- personal learning network
- the best realtime, context rich news
- democratize intelligence
- great place to promote others
Why @twitter?— Vala Afshar (@ValaAfshar) September 23, 2016
1 personal learning network
2 the best realtime, context rich news
3 democratize intelligence
4 great place to promote others
Shares of the CRM are down 3.6% as investors are having a hard time understanding how a deal with Twitter would fit.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- salesforce.com (CRM), AWS (AMZN) Enter Expanded Global Strategic Alliance
- AWS and Salesforce Extend Global Strategic Alliance
- Pandora (P) Advisers Said to Begin Reaching Out to Possible Suitors Following Approach from Sirius (SIRI) - Bloomberg
Create E-mail Alert Related CategoriesRumors, Trader Talk
Related EntitiesDavid Faber, Twitter
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!