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Biz Stone: Twitter Interested In Acquisitions

     
2:59 pm on Nov 24, 2009 (gmt 0)

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Biz Stone: Twitter Interested In Acquisitions [reuters.com]
Micro-blogging site Twitter is interested in making more acquisitions as it continues to grow in popularity, co-founder Biz Stone said on Tuesday.

"That is something we are definitely interested in," Stone told a news conference in Tel Aviv. "We made an acquisition last year that turned out to be an outstandingly good decision."

He said there was nothing specific on the horizon.

"As our attention is grabbed by some of these developers, we will take a hard look at them," Stone said.

4:40 pm on Nov 24, 2009 (gmt 0)

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We must really be nearing the end of days when a company with no detectable revenue or business model is hunting for acquisitions.

Of course, maybe the right acquisition would help them monetize their considerable traffic.