Twitter's board is expected to name Jack Dorsey CEO sometime in the next few days, according to technology site ReCode.
Dorsey, the founder and CEO of both Square and Twitter, will continue to be CEO of both companies, according to the tech site.
Dorsey had been serving as interim CEO of Twitter for the past few months following the departure of former Twitter CEO Dick Costolo.
The move would end speculation about Dorsey's future, since earlier in the year Twitter's board said it would only consider full-time CEO candidates, which would require Dorsey to choose companies.
Under Dorsey, both companies have been active recently. Square opened a new office in St. Louis—Dorsey's hometown—while Twitter has been making deals with e-commerce companiesto support its buy button.