The news that LinkedIn has been bought by Microsoft was a surprise to the technology community. The $26 billion sale was an important catalyst to the rise of Twitter's stock value by eight percent.
On Monday, the stock value of Twitter was on its 52nd week low value of $14. Upon the news that LinkedIn was sold to Microsoft, the stock value of Twitter shot up dramatically to $16. This is because the social media buy out of LinkedIn started speculations that Twitter will be the next company to be bought by another Tech Giant. It is now a question which giant company will buy out Twitter, Recode reported.
Even though Twitter has been continuously dropping its stock price and has been experiencing stagnation of its monthly active user count of 300 million, the social media platform is still valuable. It is valuable inthe sense that it is data rich and it has a high influence scale. The company can be a good compliment to various highly capitalized tech company that wants to get social media access.
There are speculations that one of the suitors who wants to buy Twitter is the tech giant Google. This is not the first time that Google was reported to be a potential buyer. Looking back in 2011, Google was currently developing Google Plus. Its CEO, Larry Page, invited Jack Dorsey, Twitter's CEO and co-founder. They met at the colourful Google campus to discuss a potential deal.
It is said that Dorsey met with Paige in a conference room where they drew the blinds and sat eerily close to each other. Page pitched his acquisition plans to Dorsey. He wanted to improve Google Search by integrating the ability to search among Tweets. However, the conversation was not followed through after that.
Another potential buyer is Facebook. However, Mark Zuckerberg has already tried to buy the company twice in the past, and also failed twice. He also attempted to hire Dorsey to work in Facebook. However, Zuckerberg believes a philosophy that if he cannot acquire a company, then he will destroy it. As Dorsey often said, Twitter is the best platform to know what is happening in the moment where he uses the word "live". Lately, Zuckerberg has been using the word "live" a lot of times as he introduced "Facebook Live", Vanity Fair reported.
However, there are also speculations that no tech giant may want to buy Twitter. This is based on the assumption that these tech giants have other more important projects to fund such as production of driverless cars, virtual reality experience and robotics rather than social media expansion.
