Twitter making money, while takeover is a rumour

It seems that all the talk of Google, Microsoft or Facebook buying up Twitter for $10 billion was just a rumour, if Twitter’s CEO Dick Costolo is to be believed that is.

According to TNW, when asked at Mobile World Congress if Google was in talks about buying up the popular social networking site, Dick Costolo said “I don’t know where these things come from. It’s just a rumour."

In another question that related to whether the company was talking to Facebook, Costolo remained tight lipped on the subject.

Both Google and Facebook have expressed an interest in buying Twitter in the past and have kept the lines of communication open, people familiar with the matter said. One of these people said companies including Facebook and Google have expressed "latent interest" in an acquisition.

According to The Wall Street Journal, Dick Costolo has also said that the company is already making money from Tweets, although he didn’t go into detail about how much money they were making.

The CEO did however say that he wanted to make the service even more simple to use and have a unified look across all platforms so that users will not have to work out how to post a tweet each time they switch from one device to another.

Image Source: TNW

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