Following speculation that Google is in talks with Twitter about a potential acquisition, News Corp has also been thrown in the ring as a potential acquirer.
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Wired magazine founder John Battelle has written on Battellemedia.com that the two companies were in late-stage discussions.
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“Just got confirmation from a very reliable source that News Corp…has closed a definitive purchase of Twitter for โat least $750 million in cash’,” Battelle wrote.
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The rumour was also entertained by Vanity Fair columnist Michael Wolff, who has recently written that it would make sense for News Corp to make a Twitter purchase.
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