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Twitter CEO Jack Dorsey Calls Company ‘People’s News Network’

(Reuters) — 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.

Read the rest of the story at Reuters.

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