Twitter turned down a US$10bn offer from Google

14 Apr 201193 Views

Twitter is understood to have turned down a US$10bn purchase offer from Google and a US$2bn offer from Facebook, according to reports.

Fortune magazine writer Jessi Hempel claims the offers were made to Twitter in the autumn of last year.

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Today, the microblogging site is valued at around US$5bn and has 200m users worldwide.

Hempel’s article presents Twitter in a state of disarray and alleges that despite having 200m users worldwide, less than 20m of them are active users.

John Kennedy is an award-winning technology journalist who served as editor of Siliconrepublic.com for 17 years.

editorial@siliconrepublic.com