RSS LinkedIn Google Plus

Call us: 0800 014 9884

Twitter in talks with buyers

Twitter_in_talks_with_buyers_6921

Twitter takeover?

Twitter could be looking for a buyer at a cost of $10 billion (£6 billion), reports the Wall Street Journal. According to “people familiar with the matter”, executives from the microblogging site have been in talks with companies including Facebook and Google to “explore the prospect of an acquisition”.

According to the Journal, the deal is said to have a price tag somewhere between $8 and $10 billion. This figure is particularly interesting because Twitter made a loss in 2010, after reinvesting all its £28 million of revenue. Despite this, popularity and investment continue to make the site a success.

Strength to strength

In late 2010, Twitter received £125 million of funding, while just this week a further £50 million was invested by venture capitalists Andreessen Horowitz. The site currently has 175 million users, and hopes to reach 200 million in 2011; last week’s superbowl saw 4064 tweets being sent in a single second. To monetize this popularity, the site began experimenting with social media marketing last year in the form of Promoted Tweets.

Facebook originally tried to acquire Twitter in November 2008 in return for £312 million in stock. At the Web 2.0 conference, CEO Mark Zuckerberg said Twitter was an “elegant model” and revealed he was “really impressed by what they’ve done”. The deal fell through, and shortly afterwards, Facebook status updates were remodelled.

Twitter, Google and Facebook all declined to comment on the rumours of a buyout.

Written by rachel_hand_swapRachel Hand

Testimonials

"theEword team have been crucial to us achieving record growth in the last financial year"

~ defibshop ~

  defibshop

"theEword understand our market dynamics"

~ Lees Solicitors ~

  Lees Solicitors

"theEword are scrupulously honest and hardworking"

~ Britannia Living ~

  Britannia Living

"theEword consistently go above and beyond"

~ Merlin Entertainments ~

  Merlin Entertainments

View more of our testimonials »

Bing implements one small change and one big change Tuesday 14th of April, 2015by Dan Moores Over the past week, Bing has implemented two changes. One appears to be directly influenced by Google, while the other demonstrates independent thinking and creativity.

More on this story »

April UK search market share: Bing revival stutters again Tuesday 5th of May, 2015by James Riches Bing’s mini-revival in the UK search market appears to have stalled, with data from StatCounter Global Stats showing a second consecutive monthly loss.

More on this story »

May UK search market share: Small gain for Google Monday 1st of June, 2015by James Riches Google’s dominance of the UK search market continues, as webmasters focus on mobile and the public search for Election and Eurovision results.

More on this story »
Twitter
theEword - 54 mins ago

If you couldn’t make it to #LightaFireJo you're in luck, we’ve written a blog about the night> http://t.co/AwxIQIcK85 http://t.co/ecONel8Gl6

Twitter
theEword - 4 hours ago

Latest test from Twitter means nailing your headline is more important than ever https://t.co/Cmwc7TaLr3

Twitter
theEword - 4 hours ago

Here are some things to test on your site to give your customers a less stressful experience > http://t.co/3CsdXegyKV http://t.co/WrZMJROYlJ

Twitter
theEword - 21 hours ago

Missed #LightaFireJo? Well, you're in luck, check out our latest blog post about the night > http://t.co/rTiY6UOSSd http://t.co/ISLfWgMHSQ

Twitter
theEword - 24 hours ago

62% of people think that Twitter is the best channel for marketing a business. Do you agree? http://t.co/Ry9Ej6nHLE http://t.co/okLTQ37Wkw

What retailers need to know about conversion rate optimisation Monday 15th of June, 2015by Andy Williams Conversion rate optimisation (CRO) is the process increasing the number of visitors to a website into conversions. See why it's vital for retailers to use it.

More on this story »

What's the best social channel for your retail brand? Wednesday 24th of June, 2015by Dan Moores You already know how vital social media presence is. Here's how you can make the most of three very popular platforms - and not just from a brand-amplification standpoint.

More on this story »

Light a Fire with Jo Leah Friday 31st of July, 2015by Sian English

More on this story »

Who loves theEword

Who loves theEword Who loves theEword