Maybe it wasn't just egregious Valley gossip-baiting when Federated Media CEO John Battelle asked Facebook founder Mark Zuckerberg earlier this month if his company was going to buy Twitter.
Kara Swisher of AllThingsD reported early Monday morning that actual acquisition talks held between the two companies have fallen through.
The deal would have been for $500 million in Facebook stock, Swisher wrote.
Facebook's not big on acquisitions. The only sizable purchase the company has made was of a start-up called Parakey, and that was really just a way to bring on board founder Blake Ross.
Twitter's a … Read more