Sunday, June 21, 2009
Twitter Loses Money
In the last week, I have tuned in to Fox News and CNN Headline a few times and the amount of air time they are giving to Twitter is unreal. By doing this, they're basically admitting they can't cover the story in Iran but that's another story for another day. Iran is the best thing that could happen for Twitter. If ever there was a time to buy some stock, it's now. Unfortunately, Twitter is a privately owned company. The owner - JACK DORSEY (30 years old) has turned down a $500 million offer from Facebook. Why make an offer for a company losing money? Kind of twists the brain doesn't it? I guess ole Jack is just waiting for the "big" offer.