According to a report by Bloomberg, micro blogging giant Twitter has initiated moves to acquire a mobile photo-sharing service of their own in response to Facebook’s acquisition of Instagram.
Twitter executives have had meetings with “Tap Tap Tap”, developers of Camera+ photo app. Unfortunately for the two sides, no agreement has been reached.
According to Bloomberg, talks were unsuccessful because the two sides couldn’t agree on relocating Tap Tap Tap’s employees to San Francisco. Twitter wasn’t able to make an offer because of their reluctance to allow Tap Tap Tap’s employees to be based off-site.
The latter’s employees are situated all over the world. They have employees based in Australia, New Zealand and Spain among others.
Twitter expressed their desire to purchase Instagram. Twitter co-founder Jack Dorsey has invested in Instagram and is an avid user of the photo sharing app.
Dorsey has since stopped using Instagram since it was bought by Facebook and has added his first photo on his Camera+ profile.
Dorsey’s last Instagram post was uploaded two hours prior to Facebook announcing the deal between Instagram.
The report added that Twitter CEO Dick Costolo was not directly involved in the talks between the two companies. It noted that Dorsey helped lead the negotiations with Tap Tap Tap.
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