TechCrunch is reporting that Google is in the early stages of negotiations with Twitter to purchase the micro-blogging site.
Second, Twitter turned down offers from Facebook, which offered double what Google has offered according to rumors.
Why would Google want Twitter? We’ve been arguing for some time that Twitter’s real value is in search. It holds the keys to the best real time database and search engine on the Internet, and Google doesn’t even have a horse in the game.
However, an update to the post last night says Twitter wouldn’t sell for less than $1 billion (makes me think of Dr. Evil.)