Facebook and Google Hold Takeover Talks With Twitter: Report

Search giant Google Inc (GOOG), Facebook Inc and others, have held low level takeover talks with Twitter that give the social networking and microblogging service a value as high as $10 billion, the Wall Street Journal reported. In December, when it got $200 million in new venture capital, Twitter, created in 2006, was valued at $3.7 billion. People familiar with the situation told the Journal that “the company believes it can grow into a $100 billion company.”

The paper also said the talks have so far gone nowhere and that Google, Facebook and Twitter all declined to comment.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.