jump to navigation

Facebook can’t have Twitter, so it buys FriendFeed August 11, 2009

Posted by andre in Internet & Communities.
Tags: , , ,
trackback

By most accounts, Facebook CEO Mark Zuckerberg really likes Twitter. And as the 20-something CEO of a company that has raised over $750m, it’s only natural that he’d want it, literally. There’s just one problem: when Facebook tried acquiring Twitter earlier in the year, it was turned down. The reason: Twitter didn’t buy into the $15bn valuation Facebook was basing its share price on as part of the proposed deal.

So Facebook has finally done what many do when rejected: you settle for your second choice. And it this case, that means FriendFeed, which it acquired yesterday. […]

via Facebook can’t have Twitter, so it buys FriendFeed | Blog | Econsultancy

Advertisements

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: