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CEO Confirms Twitter Not for Sale
Techtree News Staff, May 07, 2009 1051 hrs ISTResponds to rumors of Apple takeover
Here comes the reality after rumors were abound about a possible buyout of the social networking website Twitter by Apple Inc.
In a recent television interview, Twitter CEO Biz Stone has denied that they were planning to sell off the startup to Apple or to any other company for that matter. He added that Twitter was only two years old and there was a lot more to do in terms of growth and product features, the Reuters reported.
It was just two days ago that rumors were abound regarding the Apple buyout. The source of the rumor was a blog post by tech-blogger Michael Arrington of TechCrunch who had posted that Apple is indeed in the "final stages" of talks to buy twitter. It was then only a matter of time and the whole world was discussing the pros and cons of the deal. People were also skeptical about Apple's interest in Twitter.
Twitter is a fast-growing social networking tool that allows users to "tweet" their status in less than 140 characters. It has seen unprecedented growth over the past year and has gone on to become one of the most influential social networking tools, with a host of celebrities and famous personalities having a Twitter account.
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Venkatesh
,Bangalore, on May 08, 2009 03:17 PM
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