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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.110+2.7%3:59 PM EST

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To: richardred who wrote (2575)12/12/2010 11:21:25 PM
From: richardred   of 7255
 
Microsoft Twitter Takeover Gossip Rises

A few years ago, Microsoft tried to buy Facebook from Mark Zuckerberg but ultimately, that was an unsuccessful attempt. This hasn’t stopped Microsoft and their CEO Steve Ballmer from looking and on Friday, Ballmer and his Twitter counterpart Dick Costolo were spotted having breakfast.

This of course has sparked a new round of gossip with a possible acquisition in the works or maybe another type of deal. Although the exact conversation that took place between these CEOs is unknown, neither companies were prepared to comment on the subject which just adds more fuel to the fire as to why the two met in the first place.

Microsoft has always been a fan of the micro-blogging site and has incorporated Twitter into the XBox 360 Dashboard as well as creating Twitter apps for its mobile platform Windows Phone 7 and also for the Zune HD music player. For now, Twitter is more an added feature into the various Microsoft platforms, but if an acquisition were to take place, it could pave the way to direct integration of the software which could then be used as the upper hand against its arch rival, Goggle Inc. as Google does index Twitter searches, but could potentially lose access to this functionality.
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