Google isrumouredto be in the late stages of
buying Twitter.
The
Tech Crunch blog cites two sources who, it says, are close to
negotiations. They say the process is in its late stages.
Twitter's traffic figures are
growing exponentially, with numbers growing 3000% in the year
from February 2008 to February 2009.
Companies are starting to realise the value of Twitter, which
holds endless information on their customers and what these
customers think of their brands.
Users continue to sign up to the social networking site to
follow publicity-boosting celebrities like Russell Brand and
Stephen Fry, and to use it as a news service as well as for social
networking.
Tech Crunch predicts Twitter's
business model will reply on this growing and valuable
information base.
See also:
Google real time search engine - Twoogle?