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		</div><p>Twitter&#8217;s stock briefly shot up on the US markets after an apparently fake story about a potential multibillion-dollar buy-out was posted online.</p>
<p>The story said that the social media site was the subject of a 31 billion dollar (£19.8bn) buy-out offer. It quoted “people with knowledge of the situation” and appeared on a website that was made to look like the business pages of Bloomberg’s site.</p>
<p>However the news site’s spokesman Ty Trippet said the article was “fake and appeared on a bogus website that was not affiliated with Bloomberg”.</p>
<p>But the story was enough to send Twitter stock up by 8.5% in the late morning in the US, before settling back down again after Bloomberg’s statement. Stock was still up more than 3% in the early afternoon however.</p>
<p><a href="http://londonglossy.com/wp-content/uploads/2015/07/image180.jpg"><img src="http://londonglossy.com/wp-content/uploads/2015/07/image180.jpg" alt="NYSE, STOCKS, Twitter" width="600" height="383" class="aligncenter size-full wp-image-77392" /></a></p>
<p>Twitter, which went public back in 2013, is at something of a crossroads currently, with chief executive Dick Costolo having left the micro blogging site, and co-founder Jack Dorsey back in interim charge while a permanent replacement is sought.</p>
<p>The site is also struggling to keep up with social networking rival Facebook, which has around 1.4 billion users compared to the around 300 million Twitter has active.</p>
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