Twitter denies Google, Facebook acquisition talks

Andre Yoskowitz
15 Feb 2011 3:48

Twitter CEO Dick Costolo has denied the hot rumor that Google and Facebook are looking to acquire the service for $10 billion.
Says Costolo (via ET):

People write that stuff all the time. I don't know where these things come from, it's just a rumor.

The CEO also added that the microblogging service now has 130 million tweets per day, 30 percent higher than December 2010.

Additionally, Costolo says Twitter is now in the black and the company will soon introduce a "new method of making money, to add to its existing roster of promoted tweets, accounts and trends."