Twitter dispels Google acquisition rumours, as claims made it should become more commercially savvy

News by Dan Raywood

Twitter has played down rumours of it being acquired by Google.

Twitter has played down rumours of it being acquired by Google.


Twitter co-founder Biz Stone claimed that the goal of the micro-blogging site was simply that it is ‘a profitable, independent company and we're just getting started'.


Stone said in a blog post: “My inbox is flooded this morning with requests for a response to the latest internet speculation about where Twitter is headed. It should come as no surprise that Twitter engages in discussions with other companies regularly and on a variety of subjects.”


However the 'Security and the Net' blog, claimed that while the rumours were being downplayed by both Twitter and sources at Google, there is obviously some truth to this.


It said: “Twitter is becoming so popular that all major players in the industry are following them closely; they would be stupid not to. The real question is: what added value can Twitter bring for companies such as Google and Microsoft?”


It pointed to commercial opportunities as “the ever-increasing user base alone is not going to be enough for these companies; there has to be an opportunity to actually profit from it to make a deal worthwhile. If not, Twitter might become the next Skype; eBay bought it without having much of a business plan, and hasn't been able to think of one since.”







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