Facebook looking to buy Twitter – FT
Posted on 7:39 AM by Miley Cyrus
Social networking company Facebook recently held acquisition talks with Twitter, the micro-blogging company. The negotiations put a valuation of as much as dollar 500 million on Twitter, which has become one of Silicon Valley's most closely watched start-ups. Facebook offered to pay for the acquisition in stock. Putting a value on Twitter's shares proved controversial. If it used the dollar 15 billion valuation at which Microsoft Corp bought a stake in Facebook last year, it would have valued the Twitter purchase at dollar 500 million, though that investment was seen as a high-water mark for Web 2.0.
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Interesting news! Facebook's attempt to acquire Twitter really shows how valuable social media platforms have become. With all the buzz around acquisitions, it’s no wonder so many people are looking for ways to buy twitter account for business or personal branding. Thanks for sharing this update!
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