According to the Guardian “Twitter has been holding talks with potential suitors including Facebook and Google that could value the micro-blogging site at $10bn (£6.2bn), according to reports.

The early stage talks are not believed to have progressed far but, according to the Wall Street Journal, one thing has been agreed on: the loss-making firm is worth somewhere between $8-10bn.

This year Twitter’s revenues are expected to more than double to between $100-110m.”

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Is your business on twitter? Twitter now has around 175m registered users worldwide who use the service to send 95m tweets a day.  Social networking strategy is an important factor in any online business and should be considered within an overall marketing strategy.

Check out our other articles on Social Media for more tips and news.