Twitter’s stock hits record low as takeover rumors heat up

Twitter’s stock hits record low as takeover rumors heat up(venturebeat.com)

4 points by nordic_nomad 10 years ago | 3 comments

dimbirol 10 years ago |

>[...] Twitter is the acquisition target of two separate companies, possibly Google and Facebook.

What's Google going to do with Twitter? If you want to comment on a youtube-video you'll then have to tweet? But with your real name and with some added characters at the end of your twitter-handle, because the algorithm says so.

Facebook has Instagram, which is way way way more popular and relevant than twitter.

I don't quite get how anybody still thinks that twitter can grow the same way as other social networks do?

Twitter has found its niche users: somehow web developers, designers and indie game developers seem to love it.

But if you have to explain to non tech-savy people more than 5 minutes why they should use it, then it's clear that it's not for everyone.

Celebrities have moved to instagram and once you've lost a user it's very unlikely that they'll come back.

mtmail 10 years ago |

I'd say the rumors are made up. While in the headline there it's not mentioned in the article itself. Why would the stock go down if there were takeover rumors?

nordic_nomad 10 years ago | |

This is a good observation. All I can think of is that generally the impact of unconfirmed take over offers that might not happen is significantly less than missing earnings projections.

I imagine if anything ends up gaining steam you'll see people jump on board hoping for a premium on the stock purchase.