The fate of social networking giants Twitter is looking bleak. The troubled social media company is currently engaging in buyout talks and seems to be running out of potential investors.

Many companies had shown interest in buying Twitter, but most of them have backed out. Companies like Google, Salesforce, Disney, and Apple were the front runners. But now, only the offer from Salesforce is on the table for Twitter. Investors from Salesforce, however, seem to be reluctant to move forward with this acquisition.

Twitter's financial problems stemmed from the company's struggle to expand its user base despite introducing new features like live stream. On the other hand, competitors like Facebook, Snapchat, and Instagram have strengthened their user base and are growing by the day.

Twitter is reportedly looking to finalize a buyout deal by October 27 when the company will report its next quarterly earnings.

The CEO of Twitter Jack Dorsey is said not to be indisposed to selling the company as long as it maintains the integrity of the product. The spokespersons for both Twitter and Salesforce have declined to comment on the buyout deal.