Twitter Moving Closer to Sale, Google Possible Suitor: CNBC Report

Twitter Moving Closer to Sale, Google Possible Suitor: CNBC Report

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Twitter Inc is moving closer to a sale, according to a CNBC report, sending the microblogger’s shares up more than 17 percent in premarket trading.


CNBC, which cited unnamed sources, said that possible suitors include Alphabet’s Google and Salesforce.com.


CNBC could not confirm anything from the companies involved. However, Salesforce.com’s chief digital evangelist, Vala Afshar, tweeted about Twitter after the report came out.


Why @twitter?1 personal learning network2 the best realtime, context rich news3 democratize intelligence4 great place to promote others


As rivals such as Facebook’s (FB.O) Instagram and privately held Snapchat gain traction with advertisers and social media users, investors have questioned how long Twitter could persist as a


stand-alone company.


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