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Did Google try to buy Twitter?

Sergey Brin claims that Google (NASDAQ: GOOG) didn't try to buy Twitter. The co-founder of the search engine giant made a surprise appearance at Web 2.0 Thursday, where organizer John Battelle asked point blank if he'd made a move for the popular microblogging website.

Of course, Brin revealed his fluency in corporate speak, continuing, "But if companies approach us we definitely consider any opportunities to buy," according to Reuters. A denial doesn't always mean a denial, especially if there were agreements to keep negotiations confidential.

Continue reading Did Google try to buy Twitter?

Bulls & Armstrong take over, Buffett & GE take their medicine

Heading into the week's end, we find that the ground under Wall Street has shifted a little. For at least one week this year, investors have looked at the glass as half full, lending some support to a story I posted earlier in the week: Is the stock market spring loaded? Could it move 3,000 points higher now?

Given that there was plenty of bad news, and some of the good news was suspect, I think investors simply decided "it is better to light one small candle than curse the darkness."

Continue reading Bulls & Armstrong take over, Buffett & GE take their medicine

Google exec Tim Armstrong takes helm at AOL

Tim Armstrong is the new chief executive of AOL, a division of Time Warner (NYSE: TWX) and parent of BloggingStocks. Armstrong, a senior VP at Google (you can read the press release here) replaces Randy Falco, who joined AOL in November, 2006. Also leaving AOL is President Ron Grant.

Time Warner shares initially traded down in after hours trading following the announcement, but were leveling off by 6:30. The stock closed at $8.32 today, a gain of 5%, and at 7pm was at $8.31.

Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-19.141,091.49

Last updated: November 28, 2009: 12:24 AM

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