Microsoft now reportedly eying Twitter acquisition

For some reason, Microsoft (Nasdaq: MSFT) always seems to stir the news at the end of the year. Lately, the software powerhouse has had the blogosphere abuzz with thoughts that it might get into the TV business; now the latest excitement, based on what might have been a harmless breakfast between Microsoft CEO Steve Ballmer and Twitter CEO Dick Costello is that Microsoft is on the prowl to acquire Twitter.

Microsoft recently admitted it had taken a shot at buying Facebook in 2007 so, according to, now it's "interested in grabbing the next big thing in social media."

The report also shows the speed at which the market is moving--and the speed at which Microsoft is reacting to that movement--by noting "in typical large company fashion, they're discovering it about a year after it became the next big thing."

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