Google co-founder Larry Page has admitted that Google is losing a battle to provide real-time information, with Twitter leading the way, according to The Guardian.
"People really want to do stuff real-time and I think they [Twitter] have done a great job about it," said Pageat Google's Zeitgeist conference, according to the Guardian report. "I think we have done a relatively poor job of creating things that work on a per-second basis."
GoogleCEO Eric Schmidt also hinted that the two companies could become partners. A partnership could be attractive to Twitter, which is currently attempting to create a business model.
Twitter, which is a microblogging site, has gained a massive number of users in a short time. It has grown by more than 3,000% in the past year, according to figures from internet monitoring site Hitwise. It enables its users to stay in contact in real-time by writing 140 character messages.
Its share of UK traffic increased by about 33 times between February 2008 and February 2009. The site is growing 25 times faster than Facebook, which grew 123% in the same period.
The management are in the process of developing tools and services businesses can use to generate revenue. It is also trying to retain users once they have tried out the service.
Twitter co-founder, Biz Stone, told Reuters that users can expect these tools by the end of the year. Twitter has rejected the possibility of selling advertising space to generate income.