Twitter keen to remain independent
By Kelly Olsen |
March 4, 2011, Friday
|
Print Edition
Print Edition
TWITTER Inc co-founder Biz Stone said his company wants to remain independent despite what he called "rumors" it could be acquired.
"I believe there is a lot of room for another Internet giant to succeed," Stone said yesterday. "So our goal with Twitter is, has been, and will continue to be to remain an independent company no matter what rumors are swirling."
Stone, who made the comments at a conference in the South Korean capital Seoul on the global economy and the future, was responding to a question from a participant about speculation in the media that Google Inc or Facebook Inc want to acquire the privately held social networking service.
"There's always another rumor that somebody's trying to acquire us," Stone said. "But our goal is to have a positive impact on the world, and build a wonderful business on top of that."
The Wall Street Journal has reported that Google and Facebook have held talks with Twitter about a purchase.
"I believe there is a lot of room for another Internet giant to succeed," Stone said yesterday. "So our goal with Twitter is, has been, and will continue to be to remain an independent company no matter what rumors are swirling."
Stone, who made the comments at a conference in the South Korean capital Seoul on the global economy and the future, was responding to a question from a participant about speculation in the media that Google Inc or Facebook Inc want to acquire the privately held social networking service.
"There's always another rumor that somebody's trying to acquire us," Stone said. "But our goal is to have a positive impact on the world, and build a wonderful business on top of that."
The Wall Street Journal has reported that Google and Facebook have held talks with Twitter about a purchase.
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