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Google 'in $250 million bid for Twitter'

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  1. #1
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    Post Google 'in $250 million bid for Twitter'

    Google 'in $250 million bid for Twitter'

    Google is reportedly in "late stage negotiations" to buy social networking site Twitter in a deal valued at $250 million (£170 million).

    Technology website TechCrunch reported the rumours yesterday, citing two unnamed sources close to the deal who said an agreement was close to being reached.

    Twitter founders Evan Williams, Biz Stone and Jack Dorsey have a history of buyout deals with the world's biggest search engine after they sold their Blogger website to them five years ago.

    Based on 140 character messages or "tweets" in answer to the question "What are you doing?" Twitter has seen its popularity soar in recent months as the latest trend in social networking.

    It can be accessed from the web, mobile phones or through instant messaging, but the site has struggled to find ways to pull in revenue.

    Bosses reportedly turned down a $500 million (£339 million) bid for the site from rival Facebook last year, but announced last month they would start charging for business accounts.

    TechCrunch later reported a third source had confirmed discussions between Google and Twitter were taking place, although they suggested talks were at a fairly early stage and were not necessarily considering a straight forward buyout.

    Other options include the two companies working in partnership to create a real-time search engine.

    A spokesperson for Google said: "We do not comment on rumour or speculation."

    Google also have a history of buying up successful smaller sites, paying $1.65 billion for video sharing forum YouTube in 2006, although the company recently admitted it has struggled to turn a profit from the site.

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  2. #2
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    I cant stand Twitter, I cant imagine why Google would want to buy them out.
    "I lift because I can.
    I can because I want to.
    I want to because you said I couldn't."

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    Quote Originally Posted by OuiSwim View Post
    I cant stand Twitter, I cant imagine why Google would want to buy them out.
    Good reason, check the usage and the ad revenue potential.

  4. #4
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    Quote Originally Posted by IainDaniel View Post
    Good reason, check the usage and the ad revenue potential.
    I can't believe you just responded to him!

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    I know....gasp.

    I realize that now after I responded to a couple of his threads. Tis pointless.

  6. #6
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    I refuse to sign up for Twitter. Sounds so damn stupid to me.

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    i'm gonna buy iron magazine.
    " A cookie without sugar is just a cracker" ~ ancient voodoo proverb

    "A man with infinite patience is never left waiting."~ROID's past incarnation

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    Quote Originally Posted by ROID View Post
    i'm gonna buy iron magazine.
    How much you want Prince?

  9. #9
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    Quote Originally Posted by Moondogg View Post
    How much you want Prince?
    more than you and ROID have combined.

  10. #10
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    Quote Originally Posted by calalily1972 View Post
    I refuse to sign up for Twitter. Sounds so damn stupid to me.
    its similar to Facebook, but much simpler, I have no idea why it has gotten so big.

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    ROID, how much you got?

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    Quote Originally Posted by Moondogg View Post
    ROID, how much you got?
    Something tells me, he was just going to purchase this months mag.
    The journey of a thousand miles must begin with a single step.

  13. #13
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    God damn, I need to invent a Facebook, Twitter or MySpace.

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    Quote Originally Posted by IronAddict View Post
    Something tells me, he was just going to purchase this months mag.
    have I become that predictable ?
    " A cookie without sugar is just a cracker" ~ ancient voodoo proverb

    "A man with infinite patience is never left waiting."~ROID's past incarnation

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  15. #15
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    Quote Originally Posted by Moondogg View Post
    ROID, how much you got?
    I have 2 lottery tickets. I'm sure one of them has to be a winner.
    " A cookie without sugar is just a cracker" ~ ancient voodoo proverb

    "A man with infinite patience is never left waiting."~ROID's past incarnation

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  16. #16
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    Quote Originally Posted by ROID View Post
    have I become that predictable ?
    I'm just getting wise to you my friend.
    The journey of a thousand miles must begin with a single step.

  17. #17
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    I'm gonna have to come up with a new posting strategy.
    " A cookie without sugar is just a cracker" ~ ancient voodoo proverb

    "A man with infinite patience is never left waiting."~ROID's past incarnation

    NOW AVAILABLE!!!
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  18. #18
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    Quote Originally Posted by ROID View Post
    I'm gonna have to come up with a new posting strategy.
    Stay just the way you are bud, you always make me laugh my ass off.
    The journey of a thousand miles must begin with a single step.

  19. #19
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    it's nice to be appreciated
    " A cookie without sugar is just a cracker" ~ ancient voodoo proverb

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  20. #20
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    I have heard that google want to buy twitter.Google want to dominate the whole Internet world.
    http://www.ironmagazineforums.com

  21. #21
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    Quote Originally Posted by Prince View Post
    its similar to Facebook, but much simpler, I have no idea why it has gotten so big.
    never been to their site and don't plan to be. I'm on facebook and thats more than enough for me. I must be getting too old

  22. #22
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    Quote Originally Posted by calalily1972 View Post
    never been to their site and don't plan to be. I'm on facebook and thats more than enough for me. I must be getting too old

    Getting!?!?!?

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    watch it boy! Still not old enough to whoop your ass!! Although old enough to enjoy it

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    Hmmm Intriguing....

  25. #25
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    Not sure I see Twitter spitting out too much of a profit for Google, seeing as how Facebook/Myspace are already well-established.
    Google should invest in IronMagazine!
    There is only a 1 letter difference between Champ and Chump.

  26. #26
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    None of the share sites are profitable at this point.

    At some point they will be but figuring out how is the tricky part.

  27. #27
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    I love Twitter, especially the celebrity tweets, I get to see what no life losers they are just like the rest of us schlubs when they aren't in front of the camera.... Look at Ashton Kutcher he's tweeting all day long, must be boring sitting around doing nothing all day waiting to go to bed with Demi....
    Coarse edged youth, the irish pendants string from their smiles
    not yet plucked as to slacken the seams
    and drag down the features of age,
    no folds or creases from unkempt wear
    eyes of tranquilty, crystalline-beads
    no sign of despair in their hair, nor their hearts
    but oh they have yet to be experienced and that makes aging so very worth it...ML circa2012

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    Quote Originally Posted by Prince View Post
    its similar to Facebook, but much simpler, I have no idea why it has gotten so big.
    You said it already it's simpler, just a quick text msg from your Iphone or Blackberry, that's it's appeal......
    Coarse edged youth, the irish pendants string from their smiles
    not yet plucked as to slacken the seams
    and drag down the features of age,
    no folds or creases from unkempt wear
    eyes of tranquilty, crystalline-beads
    no sign of despair in their hair, nor their hearts
    but oh they have yet to be experienced and that makes aging so very worth it...ML circa2012

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