VirtualWorld.ca
Latest news I've heard is that Twitter is in early talks with Google AND Facebook about a possible buyout. Latest financing done by Twitter places the company value in the $6 to $10 billion dollar range. Twitter has really grown in the last two years, and many businesses and media advertise their Twitter accounts actively. It seems to be a simple idea, but Twitter offers something not found elsewhere - short bits of information from a diverse base of users in real-time. And now that it is searchable, there is a lot of value in that information. A post on Twitter potentially can be seen by ANYONE online, whereas a post in Facebook is usually only visible to your friends. We are seeing lately how powerful Twitter can be in cases of social upheaval - like in Egypt. So will they get bought out? We'll see, but I don't think the site has reached it's full development yet, and maybe the owners will want to hang on until they do that.
