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Business

Steve Ballmer now owns big stake in Twitter

In a tweet sent by Steve Ballmer, the former chief executive of Microsoft, said he had acquired a 4 percent stake in Twitter, becoming one of the company’s largest outside shareholders. He also praised one of the company’s new feature, Moments, which organizes tweets on specific topics and lets people follow live events more closely.  .

Ballmer’s ownership stake appears to be larger than that of Jack Dorsey, Twitter’s co-founder.

There are no filings about Ballmer’s stake with the Securities and Exchange Commission either. He’d only be required to file with the SEC if his stake was greater than 5%.

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