Salesforce Chief Executive Marc Benioff is active in political causes
Twitter and Alphabet Inc, Google's parent company did not respond to a request for comment. Twitter missed Wall Street's sales expectations in both the first and second quarters of 2016, according to Thomson Reuters StarMine, and has yet to produce a net profit in 11 quarters as a public company.CNBC, citing anonymous sources, reported on Friday that Twitter is in talks with companies including Google and may receive a formal bid soon. Twitter is working with investment banks Goldman Sachs and Allen & Co in considering possible transactions, sources familiar with the situation said."RIVALS ASCENDAfshar's sentiment is not shared on Wall Street, however.SALESFORCE SURPRISEThe most unexpected development on Friday was Salesforce.63, the stock had lost three-quarters of its value.
Morningstar analyst Ali Mogharabi said Alphabet would be the best acquirer for Twitter since it has not yet been able to crack social media on its own despite several efforts. Salesforce serves business customers with cloud-based computing services and has virtually no presence in consumer media. Twitter has 313 million monthly users, up just 3 percent from a year ago. The shares peaked above just over a month after its IPO, but have been on steady downward trajectory since."From a strategic standpoint, we think it would be more beneficial for Alphabet as opposed to Salesforce," Mogharabi said. Former Google executive Omid Kordestani is executive chairman of Twitter.
A sale of Twitter stainless coolers has been the subject of on-again, off-again rumors for many months as the company grapples with stagnant user growth, soft advertising sales and losses running at hundreds of millions of dollars a year.Twitter went public in November 2013 at a share. Recent moves to be a big player in live video, including a deal to broadcast NFL games, are too new to be reflected in user growth or ad sales.Twitter's business struggles have come even as the 10-year-old service has evolved into a potent global source of news, entertainment.Twitter's revenue grew rapidly under former Chief Executive Dick غير مجاز مي باشدtolo, but stagnant user growth and mounting complaints about lack of innovation in the product led to غير مجاز مي باشدtolo's departure last year.
Twitter shares jumped more than 19 percent to . Both now boast more users than Twitter by most measures even though they are much newer, and advertisers have begun to migrate their ad dollars accordingly."Later, Afshar added: "I have tweeted my personal views regarding 'Why Twitter ' numerous times over the past couple of years.Co-founder Jack Dorsey returned to the company as chief executive in 2015 while retaining his role as CEO of payment company Square, and his plan for reviving Twitter is at best seen as unfinished.The company's business struggles have come even as the 10-year-old service has evolved into a potent global source of news, entertainment and social commentary.com is also in pursuit.3 billion since its inception. I simply love Twitter.But a recent presentation about its new "
Einstein" artificial intelligence platform provided a peak at how Twitter could fit into the company's strategy .com's interest in acquiring Twitter. The company now has a market value of around billion. Salesforce declined to comment.The company has also faced criticism for its failure to stem abuse on the platform and for missing the opportunity to play a bigger role in the red-hot mesغير مجاز مي باشدing arena. From then through Thursday's close at .Salesforce's chief digital evangelist, Vala Afshar, tweeted on Friday: "Why @twitter 1 personal learning network 2 the best realtime, context rich news 3 democratize intelligence 4 great place to promote others.It has also failed to keep pace with rivals, notably Facebook's Instagram and Snapchat.Morningstar estimates Twitter could be bought for per share.Salesforce executives said they license the Twitter "firehose" of all Tweets that come through the platform, and use it to power sentiment analysis and other tools that show how companies and brands are being discussed and perceived.
A source told Reuters that Salesforce.Twitter Inc has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said on Friday, signaling the start of what is likely to be a slow-rolling auction of the high-profile but money-losing social media company.Verizon, another company mentioned in media reports on Friday as a possible suitor, said it did not comment on M&A rumors but that it had not submitted a bid for the company.Salesforce Chief Executive Marc Benioff is active in political causes in San Francisco and the two companies are located just blocks from each other in the city.As of the end of the second quarter, the company had an accumulated loss of nearly .22 per share on Friday, marking the largest one-day rise since their first day of trading in 2013.
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