Dotcom fears amid $10bn Twitter talks

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULL Show Comments ▼ whatsapp FEARS that a second dotcom bubble is rising grew yesterday, with Google and Facebook both understood to be in talks to buy Twitter for up to $10bn (£6.23bn).The Silicon Valley giants are in “very speculative” negotiations to take control of the hugely popular microblogging site for a valuation of between $8-10bn, according to people close to the deal.In its recent financing round, Twitter was valued at $3.7bn, after selling $200m worth of shares. The site has 175m registered users who send 95m “tweets” of up to 140 characters every day.The talks follow the rejection of a $6bn Google bid for online deal site Groupon in December. LinkedIn, the professional networking site, is expected to reach a valuation of around $2bn after filing plans for an IPO. And Facebook has been valued at a staggering $50bn after Goldman placed a number of its privately held shares. Facebook brought in revenues of around $2bn last year.Ian Maude of Enders Analysis told City A.M.: “It looks like March madness has come early. There have been a number of pretty crazy valuations recently but this one wins the prize. “Facebook has a high valuation but it has a much deeper relationship with its customers than Twitter does. There may be ways to better monetise the service but $10bn is astronomical.”But Nic Brisbourne, an investment manager for DFJ Esprit, said: “It’s a big multiple, but they are clearly not looking at Twitter on a multiple basis.“Google bought YouTube for $1.65bn on revenues of virtually zero.“It looked at the market and decided that was an important sector to control. It could apply the same logic to Twitter. It is a fantastic service – any valuation is going to be based on where the market is at and the market is very frothy right now.” Sharecenter_img Thursday 10 February 2011 8:50 pm Dotcom fears amid $10bn Twitter talks Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut KCS-content whatsapplast_img

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