Reports claim Twitter plans to sell itself off before year’s end

If the recent reports are to be believed, it seems like Twitter is looking for a potential buyer before 2016 ends. Three big companies are already being named as potential suitors: Alphabet's Google, Salesforce, and Verizon. Microsoft is also being rumoured to be in the mix, if only to prevent Salesforce from acquiring the company. While Twitter has been struggling to get new users, monetize, and keep user engagement up, tons of real-time data and over 300 million active subscribers make for an attractive purchase. The social network is currently valued at US$18 billion and would make for a great investment if it starts to make the money the way Wall Street hopes it will. This recent round of rumours were enough to boost Twitter’s stock. But then again, they are still rumours and the companies have not issued any statements regarding these reports.

Source: Droid Life