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.

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

- Advertisement -

Latest News

Made-In-India smartphone shipments 2022: Apple iPhone shipments grew 65% YoY by volume and 162% YoY by value [REPORT]

All major global tech companies, including Apple, Samsung, Xiaomi, and others, have established smartphone manufacturing facilities in India. These...
- Advertisement -

In-Depth: Dprime

Elon has pressed the Reset Button to redefine Twitter

When Elon Musk first expressed his interest in acquiring Twitter early this year, little did anyone know the level of impact on the future...

UPCOMING CONFERENCES

spot_img

More Articles Like This