Friday, September 23, 2016

Report: Twitter Looking To Sell Itself — Maybe To Google

Twitter might be a hugely popular social media platform, but for all its influence and reach, the company is not exactly minting money.  So it may not come as a surprise that Twitter is once again the subject of merger rumors.

Several tech companies are said to have been approached by Twitter, including Google and Salesforce.com, CNBC reports (warning: link has video that autoplays), citing sources close to the matter.

The sources say that Twitter has received expressions of interest from several tech and media organizations, and could receive a formal bid in coming weeks. While a sale is not imminent, Twitter’s board is reportedly set on making a deal — with someone.

Reps for Google and Salesforce.com, a professional social networking site, declined to comment on the possible interest.

However, Salesforce.com CEO Vala Afshar Tweeted (fittingly) his personal views regarding the social network, listing four reason for, “Why Twitter?”

He followed the initial Tweet with clarification that “I simply love Twitter” and had created similar lists in the past.

In June, it was reported that Twitter had met with Yahoo about a possible merger. However, that was before Verizon won the bidding war for the ’90s internet relic.

Twitter may soon get formal bid, suitors said to include Salesforce and Google [CNBC]


by Ashlee Kieler via Consumerist

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