first_imgSunday 27 February 2011 11:54 pm KCS-content Show Comments ▼ whatsapp Tags: NULL JP Morgan eyes stake in Twitter whatsapp Share More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com JP MORGAN could take a ten per cent stake in Twitter in a deal that would value the microblogging site at a staggering $4.7bn. The bank’s Digital Growth Fund is hoping to invest $450m in the site, according the Financial Times. The Twitter stake, which has not been finalised, would account for around a third of the $1.22bn raised by the fund to date. The fund is also considering investing a third of the cash in online games firm Zynga.In its recent financing round, Twitter was valued at $3.7bn, after selling $200m worth of shares. The site has 175m registered users who send 95m “tweets” of up to 140 characters every day. Google and Facebook are both said to be in talks to buy Twitter for up to $10bn (£6.23bn). last_img