Salesforce has said it has given up on its plans to buy social notworking site Twitter.
Salesforce CEO Marc Benioff told the Financial Times his company has “walked away” from cutting a deal and he was pretty much the last one left.
Neither Google nor Disney plan to bid on Twitter, despite reports saying both were interested. Apple is long gone and Verizon immediately launghed off the speculation.
Facebook was said to be uninterested, and someone mentioned Microsoft but then realised that it made no sense for Vole which is becoming an increasingly enterprise-focused company.
This is going to put pressure on the social notworking site to work out a way to restart user growth and improve its revenue.
Twitter will update investors on its earnings again two weeks from now, on 27 October and it’s likely the company will either address or be asked about where any acquisition talks go from here.
