Word on the street about Twitter in recent weeks has pointed to a company looking for new dollars. The latest buzz: It wants to sell out to Facebook or Google; or JP Morgan is about to make a significant investment. Cofounder Biz Stone has been dispelling those rumors, but it’s possible, of course, that Twitter is deliberately fanning the flames to fire up interest in the social networking site. Regarding a possible acquisition — Stone reportedly said Thursday in remarks at the World Economy and Future Forum in Seoul, South Korea, that there is room for another Internet giant, and he insisted the company wanted to remain independent.
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Twitter Denials Feed Rumor Inferno
Posted by: Rob Spiegel March 3, 2011 12:30 PMWord on the street about Twitter in recent weeks has pointed to a company looking for new dollars. The latest buzz: It wants to sell out to Facebook or Google; or JP Morgan is about to make a significant investment. Cofounder Biz Stone has been dispelling those rumors, but it’s possible, of course, that Twitter is deliberately fanning the flames to fire up interest in the social networking site. Regarding a possible acquisition — Stone reportedly said Thursday in remarks at the World Economy and Future Forum in Seoul, South Korea, that there is room for another Internet giant, and he insisted the company wanted to remain independent.