Feeds

Buzzmeisters value Twitter at $4.5bn

JP Morgan money toss explained

Beginner's guide to SSL certificates

Over the weekend, the interwebs were a-twitter about JPMorgan Chase dumping a load o' cash into Twitter – $450m for a 10 per cent stake, said the Financial Times, which as you math whizes out there have surmised, would value the micro-messaging service at $4.5bn.

There's one wrinkle to this rumor, however. As pointed out by TechCrunch, JP Morgan Chase already owns a hefty chunk of Twitter.

Not directly, according to TechCrunch's sources, but by investing heavily in a billion dollar–plus fund managed by angel investor Chris Sacca, which in turn has invested heavily in Twitter.

The Sacca fund's purchases of Twitter stock – well, at the top end of its share prices – also indicate Twitter's to be value at around $4.5bn, if TechCrunch's sources are correct.

If so, at least the FT got that right – although, as far as we can tell in the secretive world of high finance, another JPMorgan Chase investment might be in the offing.

That is, if Twitter needed the cash for developmental purposes, and there's no reason to believe, after a spate of recent investments, that they do. ®

Remote control for virtualized desktops

More from The Register

next story
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
BT said to have pulled patent-infringing boxes from DSL network
Take your license demand and stick it in your ASSIA
Right to be forgotten should apply to Google.com too: EU
And hey - no need to tell the website you've de-listed. That'll make it easier ...
prev story

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.