Featured Articles

Analyst reveals Apple Watch spec

Analyst reveals Apple Watch spec

An analyst has examined the Apple Watch supply chain in an effort to ascertain the exact spec of Cupertino’s new gadget…

More...
Nvidia's first 20nm product is a mobile SoC

Nvidia's first 20nm product is a mobile SoC

For much of the year we were under the impression that the second generation Maxwell will end up as a 20nm…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 04 January 2011 13:23

Facebook tried to buy Twitter

Written by Nick Farell
facebook

History that never happened
It seems that one of those alternative universes is one where Facebook bought Twitter. It seems that in 2008 Facebook saw the potential in Twitter and tried to snap it up for $500 million in Facebook stock for Twitter.

According to the Financial Times, the messaging site co-founder Biz Stone said Twitter wanted to become not just a popular site but a viable business, rather than be taken over by another company. So he told Facebook to go forth and multiply.  As it turned out he was right and Twitter did a lot better on its own.

Facebook stock however is not the same thing as cash either at the time people were penning long dull treatises on how Facebook needed a better financial model.

They are still saying that about Twitter, which has not made a profit in four years but at least it has its options. It is currently valued at $3.7 billion dollars.

Still if Facebook had bought it, it is unlikely that it would have gone through that huge period of rapid growth.  Its main financial power has been in business and less in social notworking.  If it had been stuck to users of one social notworking site it would have died a death.

Still it does mean that in that alternative universe tweets would be a minor thing, but Biz Stone would have a few more readies.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments