According to reports, it seems that prior to Facebook's acquisition of Instagram, Twitter was reportedly interested in buying the company themselves. So now that their social media rival has gotten their hands on the popular photo sharing community, what does Twitter have in mind. A possible acquisition of an Instagram rival. While that might make sense on some level, Twitter's CEO, Dick Costolo, has come forward and said that they have no such plans at the moment, and that attempting to replicate the actions of their rivals is not an ingredient for success.
Ubergizmo, Twitter has no interest in buying an Instagram of their own
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