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.

Create Content With AI

Try TradingView For Free

Risk Our Money Not Yours | Get 50% Off Any Account

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Your email address will not be published.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.