Twitter in talks with Facebook and Google over acquisition prospect

Posted by Knowlton Thomas

Can you imagine if either social network giant Facebook or search titan and Android maker Google got ahold of Twitter?

Apparently, it's a remote possibility.

According to the Wall Street Journal, microblogging platform and information network Twitter has had "low-level" talks with both Facebook and Twitter. The Journal, which cites people familiar with the situation, suggests at executives have indeed discussed the prospects of such a move—which would be a tsunami in the ocean of M&A—but the daily confesses that, according to its sources, "the talks have gone nowhere so far."

Of course, when it comes to privately owned tech firms these days, no one can be certain. After rumours swirled over Google planning a $2 to $3 billion offer on Groupon, the giant actually did put in an offer—of a staggering $6 billion. Then Groupon flat-out rejected the offer. Today's leaders of tech companies are fearless and willing to make bold moves, so one must never dismiss seemingly far fetched possibilities.

Facebook and Twitter are arguably North America, if not most of the world's, two most defining and distinguished social media platforms. Having them under one roof would create a social media powerhouse the world has never seen, but I think that competition between the two—and distinctly different approaches and ownership—is required for these two networks to flourish as they do now.

Google, on the other hand, has tried its hand and failed at social aspects, but Twitter could change that. It could also make Twitter profitable most likely, an issue that the information network has struggled with since starting up.

Company:
Google
Website:
http://www.google.com
Location:
Waterloo, Ontario, Canada

Google's mission is to organize the world's information and make it universally accessible and useful. As a first step to fulfilling that mission, Google's founders Larry Page and Sergey Brin developed a new approach to online search that took root in a Stanford University dorm room and quickly spread to information seekers around the globe. Google is now widely recognized as the world's largest search engine --... more

Company:
Twitter
Website:
http://www.twitter.com
Location:
San Francisco, California, United States

Twitter is a privately funded startup with offices in the SoMA neighborhood of San Francisco, CA. Started as a side project in March of 2006, Twitter has grown into a real-time short messaging service that works over multiple networks and devices. In countries all around the world, people follow the sources most relevant to them and access information via Twitter as it happens—from breaking world news to updates... more

Company:
Facebook
Website:
http://www.facebook.com
Location:
Toronto, Ontario, Canada

Facebook's mission is to give people the power to share and make the world more open and connected. Millions of people use Facebook everyday to keep up with friends, upload an unlimited number of photos, share links and videos, and learn more about the people they meet. more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis, hiking, and exploring weird side streets. more




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