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Twitter said to have talked about buying Instagram

updated 02:35 pm EDT, Sat April 14, 2012

Twitter may have lost Instagram deal to Facebook

An off-hand leak Saturday has uncovered that Facebook's Instagram deal may have preempted one by Twitter. The New York Times had heard from multiple sources that the microupdate site had been interested in buying Instagram in the past several months. How serious it was hadn't been mentioned.

Some possibly anecdotal evidence came from Twitter co-creator Jack Dorsey's own Twitter account. Although he has often posted on Instagram, he has more recently been using Twitter's stock photo service instead. The decision might just be coincidental or a temporary break while Dorsey tests his own service.

Facebook has promised that Instagram will remain more distinct and have both its existing app and support for outside services, which should keep Twitter relevant to the service. The move still deprives of it a more advanced photo sharing option and a possible extra route for monetization for a company that has only just recently started making money through ads.




by MacNN Staff

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Comments

  1. macnnoel

    Joined: Dec 1969

    +1

    There is no room

    for would have, could have or should have in business. Either you did or you didn't.

  1. SockRolid

    Joined: Dec 1969

    +1

    Bidding war?

    Re: "...Facebook's Instagram deal may have preempted one by Twitter."

    A bidding war between Facebook and Twitter might explain the stratospheric $1 billion purchase price. Yes, Instagram is good, but is it $1 billion good?

  1. Eriamjh

    Joined: Dec 1969

    0

    font-size:13px

    b******.

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