Earlier this month, JPMorgan Chase raised $1.2 billion to establish a digital growth fund, and it looks the organization is wasting no time in putting that money to use.  Reports now claim that JPMorgan intends to acquire a 10 percent stake in Twitter (assuming it hasn’t done so already).

Alan Meckler, CEO of JupiterMedia has an interesting blog post about how JP Morgan Private Bank withdrew funding from Internet.Com Venture Funds back in 2002.