Rumours are flying around the Internet that our favourite social network Twister might be bought out by Google or Facebook.
According to internet rumours "low-level" talks have been going on with potential suitors talking to micro-blogging site Twitter about a possible takeover - early front runners appear to be Google and Facebook.
The preliminary talks are already talking about a possible price - with figures being mentioned that value Twitter at a staggering £6.2 billion - this is a lot more than the December valuation and a massive amount of money for a Social network that doesn't make any money that we know of.
The increase has been driven by the rumours of a take-over, and apparently Google and Facebook aren't the only ones in the running - which of course will drive up the price even more.
All of those involved have raised a wall of silence, which isn't surprising - but it is known that Twitter wants to be an independent company.
Back in December Twitter raised $200m in a financing deal, which put its value at $3.7b (£2.3b). In September, user numbers had hit 175m, but there are no figures available for how much money Twitter is making, as opposed to how much it's worth.
So would this be a bad move for Twitter? Or is a new owner the best way to take Twitter into probability ? As ever let us know below.
Via: Wall Street Journal