Close

salesforce.com (CRM) Confirms Company Won't Bid for Twitter (TWTR) - DJ and Bloomberg

Go back to salesforce.com (CRM) Confirms Company Won't Bid for Twitter (TWTR) - DJ and Bloomberg

Twitter charts solo path as Salesforce rules out takeover

October 14, 2016 1:44 PM EDT

By Liana B. Baker and Jim Finkle

(Reuters) - Twitter Inc faces an uncertain future after Saleforce.com Inc (NYSE: CRM), the last of the companies believed to be interested in buying the troubled social network, said on Friday that it would not make a bid.

Twitter (NYSE: TWTR) and Chief Executive Officer Jack Dorsey may now have to chart an independent course in the face of stagnant user growth, heavy losses and mounting competition from the likes of Facebook's (NASDAQ:... More

salesforce.com (CRM) Rules Out Twitter (TWTR) Bid - FT

October 14, 2016 1:23 PM EDT

salesforce.com (NYSE: CRM) has ruled out a bid for Twitter (NYSE: TWTR), saying the company is "not the right fit," according to the... More