Twitter CEO calls company 'people's news network'


By Liana B. Baker
| SAN FRANCISCO

SAN FRANCISCO Twitter Inc Chief Executive Jack Dorsey defined one of the company’s missions as being the “people’s news network,” according to an internal memo seen on Monday.

The 10-year-old social networking service has long struggled to define its core purpose and is under the spotlight as it explores selling itself in a process that has attracted potential buyers such as Salesforce.com.

Twitter has made a recent push into news and sports on mobile devices and this foray could pique the interest of a media company as an acquirer, analysts have said.

The memo does not address the sales process. Twitter did not immediately respond to a request for comment.

Bloomberg, which first published the memo Monday, reported that it was sent to employees last week.

Dorsey who returned as a permanent CEO about a…



Read the full article from the Source…

Back to Top