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Can Donald Trump save Twitter?

Donald Trump Arm Out

“It’s like owning your own newspaper – without the losses.” That’s how Donald Trump described the San Francisco-headquartered social media tool in November 2012.

Twitter: 140 characters in search of a buyer

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Why doesn’t anyone want to buy Twitter? After the company’s board met on Thursday, it told CNBC that there were “no bids on the table” and that instead it was exploring cost cuts – an announcement that drove another sell-off in the stock and pushed it down 6%, as shareholders who had hoped to see a September swoop from a tech or media company were disappointed. On Friday the shares were changing hands at around $18 – 20% down this year and well short of their float price of $26 three years ago.

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Donald Trump Arm Out

Can Donald Trump save Twitter?

“It’s like owning your own newspaper – without the losses.” That’s how Donald Trump described the San Francisco-headquartered social media tool in November 2012.