Inside these posts: JPMorgan technology fund

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Feb. 28 at 1:40 p.m.
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Filed under: Internet, M&A, Technology, Telecommunications

JPMorgan reported in talks for Twitter stake

By Reuters

A new JPMorgan Chase & Co. technology fund is in talks to buy a substantial stake in Internet messaging and communications site Twitter, the Financial Times reported on Sunday, citing people familiar with the plans.

According to the report, JPMorgan’s Digital Growth fund hopes to acquire 10 percent of Twitter for $450 million, valuing the company at $4.5 billion. Get the full story »