Twitter is talking to banks about an IPO: Report

Twitter has remained silent on whether it plans to go public, but recent company actions suggest that it's getting closer to an IPO.

The company's finance chief, Mike Gupta, who joined Twitter last year, is in talks with banks about handing the public offering, according to the San Francisco Chronicle.

Gupta also played a key role in Zynga's IPO in 2011, helping negotiate the company's $1 billion line of credit from several banks including Morgan Stanley and Goldman Sachs.

USA Today previously reported that the IPO could come early next year.

(Read more: Twitter prepares to fly IPO )

Read the full story at the San Francisco Chronicle's website.

-By CNBC's Cadie Thompson. Follow her on Twitter @CadieThompson .

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