Google looking to aquire Twitter

Biz Stone, the co-founder of microblogging service Twitter responded to speculation that his company is in talks with Google on Friday but did little to squash the rumors.

"It should come as no surprise that Twitter engages in discussions with other companies regularly and on a variety of subjects," Stone wrote in a blog post. "Our goal is to build a profitable, independent company and we're just getting started." TechCrunch reported that Google is currently in "late stage" talks to acquire the company, which recently was valued at $250 million.

This news comes not long after Twitter turned down an offer by Facebook, thought to be worth around $500 million. Other sources believe that the talks may lead to a partnership between the companies. What would that mean for Twitter? How much if any would Google change the service?

Twitter currently has just over 30 employees and works out of a loft in San Francisco.

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