The media have reported that executives from the sinking micro-blogging website Twitter have met Yahoo CEO Marissa Mayer to discuss merger possibilities and Twitter and Yahoo executives spent several hours hashing out Yahoo’s financials and whether a strategic combo might make sense, a source close to the talks told the New York Post.
The sources have stated that Twitter is the destination for instant news and Yahoo has a lot of eyeballs on its site. The idea is not as crazy as you might think and Twitter have appeared mainly interested in taking information out of Yahoo and it bowed out of the bidding process soon and so Twitter CEO Dorsey did not show up for the Yahoo meeting.
Meanwhile, a Twitter spokesperson has said that the company does not comment on rumor and speculation and so the Yahoo officials have declined to comment and second-round bids for Yahoo’s core internet business are due early next week with telecom giant Verizon still seen as leading the pack.
