Wednesday, April 28, 2010

Facebook Twitter deal failed

Facebook talks with Twitter to acquire it against evaluation of as much as dollar 500 million which continued several weeks has failed.

With about six million registrations, as reported in October, up 600 percent over the last year, the San Francisco-based Twitter has had impressive growth after its launch in 2006.

Facebook CEO Mark Zuckerberg at the Web 2.0 Summit a few weeks ago, called Twitter an “elegant model” and said that he was “really impressed by what they’ve done.”

Several sources close to Twitter say that the primary reason for not selling was because its board simply did not want to, so far or perhaps ever.

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