This is some pretty big news in the world of Social Media this morning, if true. According to reports in The Guardian today Twitter has been in talks with potential suitors, which include both Facebook and Google. The report has indicated that the deal could be valued at $10 billion, however according to a few sources the talks haven’t progressed very far as of yet. The Wall Street Journal has reported that the micro blogging service which had estimated revenues at $45 million last year is now valued at a whopping $8 – 10 billion dollars. Both companies are are believed to have bid for Twitter in the past when Facebook founder Mark Zuckerberg is believed to have offered Twitter $500m in stock for the company in 2008, however the deal collapsed. Google were also rumoured to have has a deal rejected recently before the search giant made an offer for Groupon which also collapsed.
Who would you like to see buy Twitter ????
Matthew Marley – 360innovate
Tags: facebook, google, social media, twitter
