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Last week, it seemed as though the Twitter sale dilemma will be solved finally. This conclusion we almost came at, considering Salesforce’s reaction on purchasing the microblogging platform.

Well, some hours ago Salesforce also backed away from the Twitter acquisition.

Speaking to Financial Times in an interview, CEO Marc Benioff cleared all arguments surrounding his company purchasing Twitter. “In this case, we’ve walked away. It wasn’t the right fit for us,”

Google, Disney, Apple among other Tech Companies have also been contacted in the past. However, they have all returned the same refusal response.

Following this interview with Financial Times, Twitter shares are crashing once again. Shares are down 6.86 percent to $16.57. Twitter’s market cap is now $11.6 billion.

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This article was first published on 15th October 2016

chika-benjamin

Chika Benjamin writes about gadgets, gizmos, machines, devices and trends in the universal tech industry.

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