Friday, February 11, 2011

Google and Facebook are interested in buying the Twitter network

The bubble continues to grow around the new online social platforms. Twitter was placed yesterday in the center of investor attention after revelations that Google and Facebook are interested in taking the microblog. And what attracted most attention was the price they are willing to pay: about 7,300 million euros.

The negotiations would still at a preliminary stage, according to The Wall Street Journal ahead, even though the score was initiated months ago. But suggesting to analysts is to talk about these quantities when Twitter is estimated that only generates 45 billion in annual revenues, and losses is to invest the money to operate.

The corporate maneuvering came to light just weeks after Goldman Sachs valued the social network Facebook in 50,000 million, following a large injection of capital. Twitter or Facebook or traded on Wall Street. But the frenzy around these new players begin to remember the excitement of the dotcom boom in late 1990.

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