Twitter valued at $10 billion amid takeover talks

Twitter is reportedly in takeover talks with potential buyers – including Facebook and Google – and has been valued at around $10 billion.

According to the Wall Street Journal, discussions with “at least some potential suitors have produced an estimated valuation of $8 billion to $10 billion”.

Facebook and Google are thought to be just two of the potential buyers in “low-level talks” with the micro-blogging service, which reportedly made $45 million in 2010 but ended the year at a loss.

Twitter’s revenues are expected to more than double this year to somewhere between $100 million and $110 million.

In December, when Twitter got $200 million in new venture capital, it was valued at $3.7 billion.

Since then, Facebook has been valued at $50 billion, Groupon rebuffed a $6 billion takeover offer from Google and AOL has acquired the Huffington Post for $315 million.  LinkedIn is likely to be valued at around $2 billion.

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