Google or Verizon might buy Twitter

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According to a new report from CNBC, a number of companies are considering making a bid for Twitter. Potential bidders are Salesforce and Google, among others. The company could receive a bid shortly, and it's believed that there could be a deal before the end of the year.

According to the report, the potential buyers are interested in the user data that Twitter generates, as well as its place as a media company. Twitter's board of directors is said to be interested in a deal.

None of the companies involved has released any official statements regarding the matter; however, Vala Afshar, Chief Digital Evangelist for Salesforce, did tweet about it.

Salesforce's stock is down 4.5%, but Twitter was up over 15% in the pre-market. The stock was downgraded by an RBC analyst because of weak ad revenue.

Indeed, it's no secret that Twitter has been struggling. It's been making a number of changes and improvements to its social network, but it doesn't seem to be enough. Most recently, the company made some changes to character limits. It also recently began allowing people to apply for verification.

Still, it would seem that Twitter can't find the perfect recipe to make its social network successful. Perhaps Google or Salesforce will have better luck.

Update: According to TechCrunch, Verizon may be interested in Twitter as well.

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Source: http://www.neowin.net/news/google-or-salesforce-might-buy-twitter

Comments

"Google or Verizon might buy Twitter" :: Login/Create an Account :: 18 comments

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NinjaActuallyPosted:

I hope google gets this. Verizon will dig twitter into the ground.

322Posted:

pi Verizon owning Twitter would be a great move. Seeing what Google has done to Youtube I would say no.

What do you mean google has done to youtube? Which other company would run such a giant website at a loss? I doubt you even used youtube pre google buy out.

ArniPosted:

Hopefully google buy it !

MajPosted:

If google buy it they'll change it into some Google+ Bullshit...

XboxPosted:

Hope to see Google invest in this.

GaryPosted:

Hopefully Google otherwise known as Alphabet buys it. Verizon is terrible and deserves nobody's business.

mhmPosted:

In my opinion Google should buy it.

XyIonPosted:

Personally, I feel Twitter should stay Twitter. But if I had to pick one Id say Verizon.

MarkPosted:

oh gosh, twitter just needs to remain twitters not google or verizon.

piPosted:

Verizon owning Twitter would be a great move. Seeing what Google has done to Youtube I would say no.