Twitter shares took a tumble yesterday following reports that neither Apple nor Google are interested in making a bid for the social media company.
Last month, Twitter shares rose 20 percent after rumors emerged that it had received takeover approaches from several tech giants and that its board of directors was open to a deal, which could come by the end of this year.
But according to sources who spoke to Recode yesterday, Twitter should have "low expectations" of receiving an offer from Apple, whose focus "remains on its flagship consumer products and not on social networks", while Google – hitherto considered its most likely suitor – is no longer moving forward with an effort to buy at this time. Disney, which had also considered a bid, has also ruled itself out.
That leaves American cloud computing company Salesforce in the driving seat for a potential acquisition, but the firm has so far refused to comment publicly on speculation that it is considering a buy.
Twitter is said to be eager to wrap up any deal before its quarterly earnings report on October 27, but the latest share slump suggests investors are wringing their hands over the likelihood of a firm buy offer any time soon.
For the last two years Twitter has been searching for ways to attract new users as the growth and profitability of rival social media companies like Snapchat and Facebook continue to outpace it.
In June, Twitter CEO Jack Dorsey suggested Twitter can be somewhat confusing and alienating to its install base in comparison, but it remains to be seen whether its recent flurry of additional features will do enough to change that perception.
Critics remain skeptical and advertiser interest in Twitter has waned as a result, while the company has endured internal turmoil in recent years with a revolving door of executives and board members.
iOS 19 will not be available on the iPhone XR, iPhone XS, or the iPhone XS Max, according a private account on social media site X that has accurately provided information on device compatibility in the past.
The iPhone XR, iPhone XS, and iPhone XS Max all have an A12 Bionic chip, so it looks like iOS 19 will discontinue support for that chip. All other iPhones that run iOS 18 are expected...
Apple today released iOS 18.4 and iPadOS 18.4, the fourth major updates to the iOS 18 and iPadOS 18 operating system updates that came out last year. iOS 18.4 and iPadOS 18.4 come two months after Apple released iOS 18.3 and iPadOS 18.3.
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The new software can be downloaded on eligible iPhones and iPads over-the-air by going to...
Apple today released watchOS 11.4, the fourth major update to the operating system that runs on the Apple Watch. watchOS 11.4 is compatible with the Apple Watch Series 6 and later, all Apple Watch Ultra models, and the Apple Watch SE 2.
watchOS 11.4 can be downloaded on a connected iPhone by opening up the Apple Watch app and going to General > Software Update. To install the new software,...
Apple today released new firmware updates for all AirPods 4 and AirPods Pro 2 models. The new firmware is version 7E93, up from the 7B21 firmware that was installed on the AirPods Pro 2 and the 7B20 firmware available on the AirPods 4 and AirPods 4 with ANC.
It is not immediately clear what new features or changes are included in the new firmware, but we'll update this article should we find ...
While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch until September, there are already plenty of rumors about the devices.
Below, we recap key changes rumored for the iPhone 17 Pro models as of March 2025:
Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone ...
Apple today released macOS Sequoia 15.4, the fourth major update to the macOS Sequoia operating system that launched in September. macOS Sequoia 15.4 comes two months after the launch of macOS Sequoia 15.3.
Mac users can download the macOS Sequoia update through the Software Update section of System Settings. It is available for free on all Macs able to run macOS 15.
With...
The platform has killed itself, providing a platform that literally broadcasts everybody opinion on anything and everything which can be used to form media opinion and propagate positive or negative spin as the media see fit. Look at every news outlet today, there has been an increase of 'twitter users reacted..'. If Apple or the others bought it the news articles would be 'Twitter, which is owned by apple, users react...' giving value judgements of the company by proxy. Commercial Suicide.