JPMorgan's (JPM) new $1.2B digital growth fund is said to be in talks to take a 10% stake in...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

JPMorgan's (JPM) new $1.2B digital growth fund is said to be in talks to take a 10% stake in Twitter for $450M, valuing the microblogging site at $4.5B. Sources say JPMorgan has also purchased a substantial amount of Twitter's shares on private exchanges.