Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Microblogging sensation Twitter has discussed the prospect of acquisition with Internet titans Google and Facebook, the Wall Street Journal said Thursday.
Executives at both the emminent search engine and social networking giant have met with Twitter for what the Journal called "low-level talks" on the possibility of an acquisition deal, the financial daily said, citing people close to the situation.
"The talks have so far gone nowhere, these people say," added the Journal.
The website, in which users post messages of 140 characters or less, has soared in popularity in recent years, and according to the Journal its valuation for potential suitors would be between $8 billion and $10 billion.
It is expected to rake in $150 million in advertising revenue in 2011, according to a study by digital research firm eMarketer released last month.
Last year ad spending on Twitter was an estimated $45 million, and could reach as high as $250 million by 2012.
Twitter chief executive Dick Costolo has previously said that Twitter, which has fended off several buyers, intends to remain an independent company and is not considering going public.
Twitter late last year received an injection of $200 million in funding from investors to help fuel its growth, reportedly giving the San Francisco-based company a current valuation of $3.7 billion.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments