Twitter Denies $10B Offer From Google

February 15th, 2011 at 3:42 am

Twitter CEO Dick Costolo shuts down the allegations that search engine giant Google is acquiring the social media startup for US$10 billion, adding that it is “just a rumor.”

“People write that stuff all the time. I don’t know where these things come from,” Costolo said during the Mobile World Congress in Barcelona. He, however, did not completely deny the issue.

Costolo also added that Twitter will introduce a new method of earning money apart from promoted tweets, accounts, and trends. He did not specify the method, however.

Twitter now carries 130 million tweets a day, up from 100 million at the end of 2010.

Source: Guardian


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