Google making moves to buy Twitter
James | Apr 04, 2009 | Comments 3
How ambitious is Google? These guys act like nothing can stop them and the truth is that nothing can. In the past few weeks they have outlined some large projects which will revolutionize the tech industry. Google Voice which will offer free phone service to anyone. Google Music a revolutionary new free music downloading system which splits ad revenue to pay Music Labels. Now there are attempting to buy Twitter. Reports say the deal is in late-stage negotiations. For those of you who don’t know what Twitter is you are missing out. Twitter is the hottest thing on the web as it is a microblogging service that lets you type short messages for everyone to view. Twitter takes the idea of blogging and shakes it up. Instead of users writing long, time consuming blogs, Twitter allows you to write one or two sentences and move on. The problem with Twitter is there is no way to search it. This is where Google could make this idea explode. Currently Google is an amazing search tool in which the world dependents on however there is no way for people to Google Search what people are thinking and discussing. For instance how do you search what people are thinking about the NCAA Tournament or the G20 summit without going to a variety of blogs. Google could deliver real-time search for people to discover what is the buzz. This could be Google new growth engine and an unbelievable revenue stream. The deal is being handled under close doors so no one nows the full extend of details yet I say $1 billion would be a good price point for both parties. Facebook did try to buy Twitter for $500 million last year and was unsuccessful yet I believe Google is in better position due to the fact that they can help Twitter more than anyone. Twitter right now is missing a business plan and any successful way of making money. They will eventually use advertising obviously yet how they tie it in will be interesting without spamming the site. I feel the problem with Twitter is there sense of direction. If its not properly managed it could just fade out similar to MySpace. However if they join up with Google it will become the next great thing. Its bursting with potential which makes it such a hot commodity. Everyone wants it as Microsoft is another party pursuing an acquisition yet I believe Google is such a strong candidate due to the resources they have which could turn Twitter into a word we use in daily life like Google.
For all Twitter users or readers who are rushing to sign up please follow me:
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