Twitter launched new search functionality, Google said it is too expensive to acquire rival

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Twitter, a free social network and Microblogging service, has recently added a new search functionality, which the market considers as Google Killer. Google was proposed to acquire rival Twitter, however, CEO Eric Schmidt said there will not be any acquisitions happening in the near future, partly because the rival is too expensive. |
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Googles new aroused competitor Twitter has become mainstream since last year. Its development speed has far exceeded the response from traditional media. After purchasing Summize search engine last summer, Twitter has gradually become a search engine that contains all users’ profiles. Apparently, Twitter user’s amount has reached 6 million. According to IT industry, it is estimated that the number of users of Google and Yahoo! are 100 times and 90 times of Twitter respectively. Facebook, founded the same time as Twitter, also has 50 times more users in the network. Although Twitter was said to be only popular within IT industry and media industry, but analyst is optimistic that its users will increase up to 600 million. Last year it was said that Facebook intended to acquire the company with 500 million, but was rejected by Twitter. According to news report, Google, although has been the leader in search engine industry, has been criticised being too big and too unwieldy. Google can deliver large amount of search result, but users have to attempt the results by clicking in the sequence, and 99% is considered as Spam information. The new search service launched by Twitter is said to provide more relevant data. By clicking the newly added “Trends” button, 10 most popular results will be displayed in the drop down list, where users could directly select the result. Twitter Community is considered to be the information selected by professional team, users could also choose to establish a profession level community network with the people of the same interest, and then can filter and evaluate websites, logs, videos etc. at any time, without the need to click any links. Technology blog “TechCrunch” founder Michael Arrington has given it a high rating, saying that Twitter is not only a Microblogging service, but also more likely to turn into a search engine, as a supplement to Google. Recently British technology news website TechRadar proposed that if Google wants to become more powerful, they have to start acquire six companies including Twitter. Google CEO Eric Schmidt said to the American media on the 6th April, ‘Google is unlikely to buy anything in the near future, partly because the Twitter’s price is too high at present. Eric Schmidt also said “Google still has a lot of funds, but the bad news is we are still looking for the most ideal acquisition and model”. Edited By Dan Li |
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