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Report: Google, Apple, Disney not bidding for Twitter

Alphabet Inc. unit Google Inc., Apple Inc. and Walt Disney Co. reportedly will not submit bids for Twitter Inc.

Google explored the possibility of a takeover but decided against participating in the bidding process, while Apple and Disney are also out of contention, leaving Salesforce.com Inc. to be the leading contender for the microblogging website, Recode reported Oct. 5, citing sources.

Meanwhile, Twitter plans to wind up talks about the company's sale by Oct. 27, the date it reports its third-quarter financial results, Reuters reported Oct. 5, citing sources familiar with the details.

The company has reportedly informed potential buyers and expects to receive binding acquisition offers in the next two weeks.