Various sources reported that Twitter Inc CEO, Dick Costolo, had declined to comment on rumors of a Facebook acquisition, but dismissed the possibility of talks with internet giant Google with certainty.
Dick Costolo, who delivered the keynote address at the 2011 Mobile World Congress (MWC) in Barcelona, rejected talks with Google by saying that it was "just a rumor." Earlier, the media reported that Google had plans to buy Twitter for $10 billion.
Facebook is more interested to buy Twitter in order to prevent its acquisition by rival Google. Earlier, both social networking platforms engaged in talks but these ended unsuccessfully.
The acquisition of Twitter by Facebook will bring a new revolution to the social networking platform as these are the two top leaders in the market. Currently, Facebook has a market value of $50 billion and Twitter users send more than 130 million tweets a day.
Since the Twitter CEO Dick Costolo wants his platform to be "more simpler to use and to work", we could expect the micro-blogging site to merge with Facebook. Stay tuned for more news on the Facebook-Twitter acquisition.