Saturday, April 4, 2009

Google about to buy Twitter..Rumors or truth?


Google buying Twitter? Maybe not.

Verne Kopytoff

Saturday, April 4, 2009
Twitter is the subject of Google acquisition rumors.
Google, Twitter, he said, she said

Google is in late-stage negotiations to buy Twitter, in what would be a blockbuster pairing between the Internet goliath and one of the industry's hottest upstarts.

On second thought, there aren't any acquisition talks. The two companies are simply discussing a routine business partnership.

The seesaw of contradictory reports has had the digerati, um, a'twitter since Michael Arrington, from the technology blog TechCrunch, posted an article saying, "Here's a heck of a rumor that we've sourced from two separate people close to the negotiations: Google is in late stage negotiations to acquire Twitter."

If true, the buyout would be a major development in the technology industry. Google would be getting a fast-growing microblogging service that has emerged as a social phenomenon over the past year.

For those of you not in the know, Twitter, in San Francisco, allows people to send messages, or tweets, of up to 140 characters.

But Kara Swisher, the blogger for AllThingsD's BoomTown, wrote a counterpost early Friday morning that shot down the TechCrunch rumor. While her rival's report "certainly sounds exciting," she said, "it isn't accurate in any way, according to a number of sources BoomTown spoke to close to the situation."
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1 comment:

  1. Probably true. Googles buying everything

    ReplyDelete

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