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Tuesday, November 25, 2014

REFILE-Twitter in talks to purchase Bieber-backed selfie app Shots-CNBC, (NYSE: TWTR)

Twitter Inc is in talks to purchase Shots, a selfie photo-sharing app, CNBC reported, citing a source close to the Justin Bieber-backed company.The microblogging website is particularly interested in the app's more than 3 million users, nearly two-thirds of whom are women under 24, CNBC said. ( Twitter spokesperson said the company does not comment on rumor and speculation. Shots could not be reached immediately for comment.

Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. Shares of TWTR fell by 1.07% or $-0.43/share to $39.76. In the past year, the shares have traded as low as $29.51 and as high as $74.73. On average, 27693700 shares of TWTR exchange hands on a given day and today's volume is recorded at 16136617.