Web 2.0 - Tuesday, October 9, 2007
GOOG Buys Twitter Rival Jaiku
Google today announced that it had paid an undisclosed amount for microblogging tool Jaiku. In buying Helskinki-based Jaiku, Google again shows that you don't have to be close to the Google nest in Mountain View to be of interest. Twitter captain Evan Williams who had sold his prior startup Blogger to Google and now finds himself competing against Mountain View. Google likes to have its PhDs and Jaiku founder Jyri Engeström has one.
Engeström
Read - Deal FAQ
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