Business
Why does it make sense for Salesforce to buy Twitter
San Francisco, Sep 24: Amid the rumours that the micro-blogging site Twitter may be up for sale to Google and Cloud computing company Salesforce, a top executive from Salesforce has tweeted why it makes sense to buy Twitter.
"Why @twitter? 1 personal learning network, 2 the best realtime, context rich news, 3 democratize intelligence, 4 great place to promote others," tweeted Vala Afshar, Salesforce's "chief digital evangelist," on Friday.
Afshar, however, added that "he was tweeting a personal opinion and not confirming today's rumours that Salesforce is interested in acquiring Twitter," Wired.com reported on Saturday.
Salesforce, which earlier tried to acquire LinkedIn (which Microsoft eventually bought), is vying for a social networking platform in its kitty for long.
The company, "which reached $6 billion in annual revenue faster than any other enterprise software company", offers customer service software, market research tools, email marketing systems and other products and several of them already use social media.
Google, on the other hand, has experimented with social media but failed (remember Orkut, Google+?). The company can use its popular Android smartphone operating system to promote Twitter's mobile app, the report added.
The shares of Twitter, which currently has 313 million monthly active users, jumped more than 20 per cent on Friday on the sales rumours which have been making the rounds for quite some time now.
Twitter, which is struggling to add new users amid stalled growth, now has a market value of nearly $16 billion.
9 hours ago
13,000 strikes, 13 US troops killed in war with Iran
11 hours ago
Trump claims Iran reset, orders nuclear dust cleanup
15 hours ago
GOPIO-Dallas Chapter Inaugurated with Community and Political Leaders in Attendance
15 hours ago
"They are helpless now": Pak Senator Mushahid Hussain mocks UAE on loan repayment, warns it of 'Akhand Bharat' risk
15 hours ago
"International responsibility": Iran warns Saudi, UAE against aiding US strikes; reserves right to "self-defence"
15 hours ago
As Trump's deadline looms, Iran President asserts '14 million Iranians ready to sacrifice lives'
16 hours ago
India welcomes US-Iran ceasefire, hopes agreement 'will lead to lasting peace'
16 hours ago
Hotel raids in Jharkhand take dramatic turn: Couple marries on street, three others sign wedding bonds
16 hours ago
Adani wins US court hearing for plea to dismiss SEC suit
16 hours ago
Imtiaz Ali reveals why he gravitated more towards A. R. Rahman than Pritam for ‘Main Vapas Aaunga’
16 hours ago
Nia Sharma quips she lowkey only cares about her ‘outfits, RTGS’
16 hours ago
Allu Arjun's first look of ‘Raaka’ with Atlee unveiled
16 hours ago
Nick Jonas shares adorable pic of him kissing little Malti Marie while putting her to sleep
