"Twitter may find a new home with Google or Salesforce"
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Twitter may find a new home with Google or Salesforce
Twitter is looking for a new place to nest.
The social network is considering selling itself to the highest bidder.
And so far potential suitors includes Salesforce.com and Google.
That's according to reports from several news outlets including the Wall Street Journal and CNBC.
Twitter shares surged Friday with the news that it may closer to selling.
Inside sources are telling reporters that Twitter is exploring options and that the board is interested in the idea of selling to another company as a way to grow.
But there's no formal bid as of this report.
Twitter's big trouble is that it has trouble growing.
Sure it has 313 million users and Twitter users are passionate but it is not getting new users.
Growth has been flat and even with adding sports streaming or periscope live broadcasts, it just doesn't bring in much new interest.
CNBC reported that conversations about a sale are picking up momentum and it could result in a deal before the end of the year.
This is not the first time we've heard rumors of Twitter selling Before Verizon and IBM were some of the companies in the mix, but now with Sales Force and Google interested, things are heating up for a network that has lots of potential for media and advertising companies.
I'm Bridget Carry, you can keep up with the hottest tech news at Cnet.com/updates.
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