The Walt Disney Co. is exploring the idea of bidding on Twitter, people close to the matter told The Wall Street Journal Monday.
Twitter has also held preliminary talks with Salesforce.com Inc, but they are in the very early stages, and there is no guarantee either company will buy the struggling social media service. The number of Twitter users is growing slowly, as is revenue, and senior executives continue to leave. The company has a stock market value of close to $20 billion, with shares rising 3.3 percent to $23.37 on Monday.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Irish election: what's at stake?Today's Big Question Weakened centrist coalition of Fine Gael and Fianna Fáil parties may have to share power with conservative independents
-
Best UK literary festivals of 2025The Week Recommends From Hay and Cheltenham to Henley and Oxford, here are some of the year's top events for book lovers
-
Calin Georgescu: the 'Putin of Romania'In The Spotlight Far-right outsider sends shockwaves through Europe after surprise first-round win in Sunday's presidential election
-
US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
-
Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
-
US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
-
Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
-
Ports reopen after dockworkers halt strikeSpeed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
