Is it time to get ready for “Star Wars: A Twitter Story?”
Disney has hired a financial advisor and is looking into a bid for the social network, according to a Bloomberg report.
A potential deal would combine two media and tech behemoths in need of a jolt. Twitter continues to bleed money as its growth rate slows, and even with the stock up 43 percent over the past six months — largely due to acquisition rumors — it still trades below its IPO price of $26 a share.
Twitter has also received plenty of criticism for what some users feel is an inadequate response to online abuse.