Twitter eyes acquisitions

Micro-blogging site Twitter is interested in making more acquisitions as it continues to grow in popularity, co-founder Biz Stone said on Tuesday.

“That is something we are definitely interested in,” Stone told a news conference in Tel Aviv. “We made an acquisition last year that turned out to be an outstandingly good decision.”

He said there was nothing specific on the horizon.

“As our attention is grabbed by some of these developers, we will take a hard look at them,” Stone said.

Twitter bought search engine Summize in 2008.

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Stone said Twitter will “start making money” in 2010 as it unveils a plan early next year on how it will produce revenue through advertising. He declined to give details but said advertising will be “non-traditional.” Twitter will be in English with a next wave into French, German, Italian and Spanish.