Google courting Twitter?
The newest hype to hit the tech wire would have to be the talks which have been occuring with Twitter, Facebook and Google. Rumor has it that the seriousness of the talks hasn’t reached a fevered pitch as of yet, but that Twitter is courting the two giants is enough to make the industry ears twitch.
The current evaluation of Twitter is somewhere in the $10 billion range, a solid improvement from it’s worth last year being tagged at just short of $4 billion. Whether or not the search, or social media giant will actually pay this amount is in doubt. Twitter has tried only a handful of money making schemes, but on the whole the media which Twitter introduced to the world doesn’t have a lot of marketing punch. It’s a useful tool for some industries and aspects of day to day interaction, but with having to reduce your world to 140 characters at a time, it can leave you short on the information side. Speculation around the talks has been springing up which supports the idea that because Twitter is running out of ideas to market itself and make it’s own money, it’ll instead sell it’s idea and worth to continue on.
Which giant could benefit the most from the purchase of Twitter isn’t a question, as Facebook already has it’s own micro-blogging idea built in in status updates. Google most definitely would have the most to gain with the purchase of the site, it might even provide the search giant with the social boost it needs to begin carving it’s own tiny niche in the social arena.