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Report: Twitter considers options after potential bidders drop out

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Report: Twitter considers options after potential bidders drop out Inc. may not bid for Twitter Inc. after facing opposition from investors and executives, Bloomberg News reported Oct. 10, citing sources.

The news comes after a recent report indicated that Alphabet Inc. unit Google Inc., Apple Inc. and Walt Disney Co. decided against submitting a bid for the microblogging service.

Twitter is now considering other options, including an increased focus on live video and the divestiture of certain assets, the sources familiar with the matter reportedly said.

Twitter, which canceled a board meeting with external advisers on Oct. 7, had reportedly received interest from an unnamed potential buyer and even hired the services of Goldman Sachs Group Inc. and Allen & Co. in September to consider a potential sale.