Wednesday 11 December 2024
Select a region
Has former Microsoft chief Steve Ballmer bought a 4% stake in Twitter?

Has former Microsoft chief Steve Ballmer bought a 4% stake in Twitter?

1 months ago

Has former Microsoft chief Steve Ballmer bought a 4% stake in Twitter?

1 months ago


A minor social media mystery is developing after an account allegedly belonging to former Microsoft head Steve Ballmer referenced buying a stake in Twitter in a tweet.

The account is not verified, though there are reports in the US that the account does indeed belong to the man who also owns the LA Clippers basketball team.

Ballmer is said to have confirmed to Bloomberg via email that the account is genuine, as is the investment.

The news has been met with a positive reaction by investors too.

The news of added investment from Ballmer comes at the end of a busy week for Twitter, with co-founder and former CEO Jack Dorsey having just taken the reins for a second time. But it also follows the announcement of more than 300 jobs being cut by the social media site as it works to improve its positioning within a social network platform dominated by Facebook-owned companies.

Ballmer is quite the eccentric, and when he left Microsoft in 2013 this was how he signed off.

If he decides to up his stake in Twitter further, things could get quite interesting.


« Return to Tech

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?