Earlier this week, the NY Times reported that JP Morgan Chase were seeking a 10% stake in Twitter, thus increasing it's (twitter) value to 4.5 billion. Twitter's co-founder, Biz Stone denies talks with JP Morgan Chase and claims that the report was "made up". He also dismissed the possibilities of an IPO in the near future,saying : "We are not even discussing it internally. It's too far off".
Via Reuters
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