Facebook wanted to own Twitter in 2008

Posted by David Khoirul
Can you believe it: In 2008, social networking giant Facebook tried to buy Twitter, a microblogging site which is now very popular here in Indonesia. Facebook tried to buy the site for $500 million but was rejected.

Biz Stone, Twitter co-founder, didn't want the service to be owned by a larger company; instead, he wanted Twitter to be a "viable business."

"We've created something that people finding value in," Stone says.

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