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Facebook and Google can purchase Twitter for $ 10 bln

10 February 2011 15:46 (UTC +04:00)

Baku - APA-Economics. executives from Twitter have held low level talks with those from Facebook and Google in recent months with regard to a possible takeover, NewsTime reported.
According to the report Google Inc and Facebook Inc, and others, have held takeover talks with Twitter valuing the site as high as $10 billion. Twitter is a website, owned and operated by Twitter Inc., which offers a social networking and microblogging service, enabling its users to send and read messages called tweets.
Tweets are text-based posts of up to 140 characters displayed on the user’s profile page. During December Twitter was able to raise $200 million in financing in a deal that valued it at $3.7 billion.
According to the WSJ the talks do not appear to have gone anywhere yet with Google, Facebook and Twitter all declining comment. Twitter’s executives and board were working on building a large, independent company - as big as $100 billion