Saturday, 4 April 2009

Dont do it Twitter !

Google 'in late-stage talks' about Twitter acquisition
03/04/2009



Issue Codes
Social Media
Rumours are circulating that social networking site Twitter could soon be acquired by a search engine giant.

According to Michael Arrington of TechCrunch, Google may be in late-stage talks to acquire the social networking site, which has a number of celebrity fans including American Idol presenter Ryan Seacrest.

He explained that two unnamed sources - described as being "very close" to the alleged negotiations - have supported the acquisition rumour, while a third source indicated that Google and Twitter could be collaborating on a new search engine initiative.

Google could find the acquisition of the social network very valuable, Mr Arrington said, particularly as Twitter is currently pioneering a real-time search engine function of its own.

Twitter co-founder Biz Stone announced earlier this week on the site's official blog that a select number of users on the social networking site are trialling the new function, which allows people to see all relevant live 'tweets' containing their search terms.

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