Boston, MA 05/26/2014 (wallstreetpr) – Twitter Inc (NYSE:TWTR) is all set for its second largest acquisition since last year, when it purchased New York based mobile ad network company MoPub. Rumors are spreading in the market that twitter would be acquiring the hold over SoundCloud Ltd., a Berlin-based most popular audio streaming service, which boasts of having more than around 45 million active subscribers and 270 million listeners every month. On the other hand, as per the Wall Street Journal, twitter has called off the deal. Considering the same, we just need to wait and watch what could be the end result of the discussion. Well as of now nothing can be authenticated regarding the deal.
Twitter Becoming More Consumer Friendly
Twitter Inc (NYSE:TWTR) has taken a giant step to make its podium a more user friendly one. Twitter has transfigured its customer service department by strictly soliciting its management to confer a proper response to any of the queries or complaints of its users. Well, with a massive strength of more than 250 million Twitter users, it would be really an intense task for the management to successfully achieve the target and make twitter a more user friendly platform.
Is Twitter Really Going Down?
Even after gaining a strong support from its 250M+ family members, the stock share of Twitter Inc (NYSE:TWTR) has tossed down to more than 25% since the early news, still the company trades its shares at a very high valuation, since it raised its price. Well this could be a plan from the finance think tank of the organization to keep a strong hold on its investors, wherein result of this brawl between the two will only be beneficial to twitter in case its shareholders soon get a sigh of relief.
Turkey & Twitter
As per the court orders from Turkish government, twitter will have to remove the undesired content (as marked by the government) from its website, which has been already declared as “more sensitive” there.
