It appears Twitter's CFO may have been hoist by his own petard. Last night, Anthony Noto tweeted what looks uncannily like something that should've been a direct message, not a tweet for his 9,000 followers.
He has since deleted the tweet, the subject of which looked like a potential acquisition by Twitter.
"I still think we should buy them. He is on your schedule for Dec 15 or 16 -- we will need to sell him. i have a plan", Noto tweeted. The message immediately gave birth to a host of theories as to whom Noto was talking about.
The social media giant has had a rough ride recently, with shares down 17 per cent since late October. Earlier this month, Standard & Poor's downgraded Twitter to “junk” status. The credit rating agency cited cashflow issues for its BB- rating.
S&P said the company would need to broaden its revenue base in foreign markets in order to improve its rating. But the agency said growth prospects remained encouraging.