Rumored Twitter Takeover

As of September, 2010, Twitter had 175 million users. This past December, Twitter raised $200 million in financing in a deal that valued the company at $3.7 billion dollars.

Industry research firm, eMarketer, said in January that Twitter generated roughly $45 million from advertising in 2010 and is expected to generate around $150 million in 2011.

The Wall Street Journal has reporterd that both Google and Facebook have had “low-level” talks with executives at Twitter about a possible takeover. It's claimed they are estimating Twitter's value at 8 billion to 10 billion dollars.

The Wall Street Journal said the talks have so far gone nowhere and that Google, Facebook and Twitter all declined to comment.

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