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Is Twitter for sale?
There are plenty of rumors out in the cyberworld about the future of Twitter, a popular social networking site, and whether the company will be acquired or partner with another company. Some believe one of the suitors is Google Inc. Rumor has it, the two companies are considering collaborating on a Google real time search engine. To make it work, Google could pay cash, stock or a combination of both.
Google wouldn't comment on these rumors. Nevertheless, it's an intriguing idea for a company created three years ago that has, to date, not made any money. Analysts think this would be a good marriage, according to MarketWatch.
Gartner Inc. analyst Jeff Mann, for one, told the website it's a pretty good idea. "The culture and ambitions of Twitter and Google match."
Not only that, there are lots of indications of growth. Twitter's content is now growing by 6 million tweets per day, and that's a win-win situation for Google, for sure.
For more on the future of Twitter:
- check out this MarketWatch.com article
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