Twitter, Facing Challenges, May Soon Be for SaleRumors that Twitter could be acquired have been swirling for years, but they may finally come true.

Twitter is having a bit of an identity crisis. It has manifested itself in little ways, like the recentreclassificationTwitter的iOS应用程序从“社交网络”到“news." Ahead of this week's board meeting, though, it could be going deeper: the entire company could soon be up for sale,Recodereports.

Citing sources within the company,Recoderecounted rumors of layoffs and restructuring -- including the possible spin offs of units likeVine-- that could make the company more attractive to potential buyers. The board meets Thursday, when it is expected to "consider the right options" when it comes to its future as an independent company,according toco-founder and board member Evan Williams.

In addition to considering decisions that will change the foundation of the company, Twitter also has to grapple with stagnant user growth and engagement. A significant portion of Twitter accounts, as high as 44 percent according to onethird-party estimate, appear to be abandoned without sending a single tweet.

Twitter doesn't disclose how many active accounts it has, butBloombergin Juneestimatedthat it has fewer than 140 million daily active users. That's fewer than the 150 million people who use Snapchat every day, and far less than Facebook's 1.13 billion daily active users.

So who might want to buy Twitter? If it emerges from its identity crisis as the news organization it appears to want to be, potential acquirers would likely include other media companies.Recodeidentified Rupert Murdoch's News Corp. as one potential contender. A Google acquisition is also a possibility -- both Murdoch and Google have beenrumored to be interested in the companysince at least 2009.

A Twitter spokesperson did not immediatley respond to a request for comment on whether its board is considering a sale.