Comment on Twitter Eyes Buyout of Justin Bieber-Backed Selfie App Shots

Twitter Eyes Buyout of Justin Bieber-Backed Selfie App Shots

SAN FRANCISCO ( TheStreet) -- Twitter reportedly has held talks to acquire selfie app developer Shots Mobile, which is backed by pop singer Justin Bieber, according to a CNBC report. Investors may ultimately like such a deal because it could help Twitter ramp up its growth of its user base. The San Francisco-based app developer disappointed investors in the third quarter when it announced lower than expected growth in its user base.

 

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