The FT is reporting that CRM has walked away from a bid for the bedraggled social networking tool of oppression and tyranny.
“In this case we’ve walked away. It wasn’t the right fit for us,” Marc Benioff, chief executive of Salesforce, said in an interview with the FT.
Shares are off by more than 5% and are now back to their pre pump and dump levels, which was helped by the corrupt financial media by promoting very obvious false rumors. There was never a chance CRM would buy TWTR. They have nothing in common.
People only use Twitter because it is relevant for news. If something caught popularity that competed against Twitter, which didn’t have C level executives meddling in the affairs of free speech to promote an ideological political belief, the vast majority of right of center people using Twitter would drop them in a heart beat.
Case in point: The Podesta Emails 7 were released today and have been actively discussed on the platform by thousands of people. But it’s being suppressed and hidden from tending topics. How is that possible?
It is the top story on Drudge today, a site which gets a BILLION hits per month, but doesn’t even broach the top ten on Twitter? Come on.
Jack
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Jack like Zuck are in the pockets of certain people and it’s not some open source platform for true free speech. Twitter might not be bought by somebody else but as you pointed out, it’s already bought no and the guy who runs it.. is wealthy already and is taken care of (CEO of 2 companies SEC not even touching him).
Get out of SF more.
We’re apparently busting through “banana republic” levels of media collusion. Good for us.