Thursday, February 10, 2011

Twitter For Sale?

Are Facebook and Google looking to potentially purchase one of the most important Social Media sites on the web? If the rumours are true, then things are about to get very interesting in the world of online consumerism...

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We’re hearing chatter about a possible sale of Twitter, and extraordinary valuations are part of the conversation, with various executives talking about numbers upwards of $10 billion.

According to the Wall Street Journal, Facebook and Google executives have engaged in “low-level talks” with Twitter. According to the WSJ’s “people familiar with the matter,” those discussions are estimating the value of the microblogging service “in the neighborhood of $8 billion to $10 billion.”


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