FaceBook, Google <3 Twitter

The Wall Street Journal is reporting today that FaceBook and Google are among the suitors engaged in discussions to purchase Twitter. The messaging service is said to have a valuation in the $8 – $10 billion range, despite estimated earnings last year of just $45 million. Twitter executives, according to the report, believe the company can grow to $100 billion.

Complete article via Wall Street Journal

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: