Tech Crunch Reports:
Google is in late stage negotiations to acquire Twitter. Twitter turned down an offer to be bought by Facebook just a few months ago for half a billion dollars, although that was based partially on overvalued Facebook stock. Google would be paying in cash and/or publicly valued stock, which is equivalent to cash.
Yet another source says the acquisition discussions are still fairly early stage, and the two companies are also considering working together on a Google real time search engine. But discussions between the companies are confirmed.
Twitter is painfully slow in the last few days. I hope they fix that issue soon. Google is following the path of Microsoft to become a monopoly, but I think the network speed won’t be an issue if Google acquires it.