By John Glenday

Twitter’s share price has skyrocketed today on the back of speculation that Microsoft chief Steve Ballmer has partnered with Saudi investor Prince Al-Waleed Bin-Talal to mount a takeover of the micro blogging service.

News of the possible intervention saw Twitter’s stock soar to $17.72 having hit an all-time low of just $14.01 as recently as May following a stall in member growth over the first quarter.

Ballmer already owns four per cent of Twitter whilst Bin-Talal controls a five per cent stake but rumours persist that Ballmer is unhappy with the direction being taken by Twitter co-founder Jack Dorsey and is keen Read full story ›

Source: The Drum