Twitter Denies Talks With Google Over Possible Buyout

Must Read

Twitter Chief Executive Dick Costolo denied rumors that Google might buy his company for as much as $10 billion in a comment that was far shorter than 140 characters.

“I don’t know where these things come from. It’s just a rumor,” Costolo said after a keynote presentation Monday afternoon at the Mobile World Congress in Barcelona, Spain. His remarks were in response to questions surrounding a report last week that Facebook and Google were both in low-level talks to buy the San Francisco company.

Costolo, however, declined to comment on a similar question about Facebook, which will undoubtedly keep tongues wagging and may even lead to some creative hashtags.

Advertisements

More good news for Facebook and its sky-high valuation. Kleiner Perkins Caufield & Byers is taking a small stake in the world’s most popular social-networking site by snapping up as much as $38 million of stock from other shareholders at a valuation of $52 billion.

3 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

TikTok Oracle Deal: Confusion, Contradictions and Quest for Control

Another day Another verbal volley. TikTok Oracle deal saga continues. The tug-of-war with the...

5 Common IT Infrastructure Management Issues You Must Resolve Today!

Your IT infrastructure supports your entire operation, but there are many struggles departments have difficulty identifying and overcoming. One of the biggest...

TikTok Oracle Deal: No Technology Transfer, No Ownership, Rest All Is Fine

The brouhaha around TikTok and the US administration simply refuses to subside. In the ensuing see-saw of developments, ByteDance...

Tesla in Making Moves To Have Presence In India: Scope Of Electric Vehicles In The Country

The wait for seeing Tesla in India may get over soon. Indian citizens can now brace themselves for soon being able to...

Android Users Beware: Your 2FA Code Can Be Stolen By Hackers Now

If you are someone who makes use of two-factor authentication, aka 2FA, to add that extra layer of security on logins and...

Ajit Doval Bears Down On Digital Payment Platforms in India

The grass really isn’t always greener on the other side. With the hoopla and convenience that Digital Payment platforms in India have...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This