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Thursday 8 September 2016

Twitter headed for a takeover



The company has been dodging the big question for the past year, but that could all be about to change.

Twitter’s board of directors is reportedly set to meet this Thursday in San Francisco to discuss a number of hot topics, including the question on everyone’s lips: Can Twitter continue to operate as a stand-alone company?
A number of sources close to the company revealed the news to Recode, which claims Twitter’s future is riding on the meeting.
The report comes in the wake of Twitter co-founder Evan Williams’ recent interview regarding the platform’s independence.
Williams, who is the firm’s largest shareholder, sent the company’s stock price up by claiming that it must consider all its options when it comes to a merger or acquisition.
He also emphasized his confidence in current CEO Jack Dorsey, who he evidently believes is the right man for the job

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