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11/22/2024 02:58:09 am

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Twitter's Going After Shots; Rumors Sparked by Noto’s Public Tweet Mistake

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Twitter could be seriously interested in acquiring Shots Mobile, Inc., the company that developed the popular selfie-taking app called Shots, and whose investors include A-listers such as Justin "The Biebs" Bieber and Floyd "Money" Mayweather.

Twitter CFO Anthony Noto is said to have publicly tweeted, "I still think we should buy them. He is on your schedule for Dec 15 or 16 - we will need to sell him. I have a plan."

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Noto was quick to delete the post but some of Noto's ever-vigilant 9,000 followers took screen shots of his tweet mistake. Analysts believe Noto meant to tweet the message to a specific person but somehow sent it out publicly.

The Biebs often tweets photos taken with Shots. The app has a user base of more than three million people. Two-thirds of its users are women under 24.

It's not clear what Twitter plans to do with Shots Mobile but analysts say Twitter will be smart to take the app, just because The Biebs uses it.

On the other hand, Shots is just one of several companies listed as potential Twitter targets. The social networking site has bought four companies just this year. It's been expected Twitter will "embark on a shopping spree after raising $1.3 billion from a debt sale in September."

John Shahidi, dubbed as the King of Twitter because of his popularity in the social site, is the head of Shots, which was launched back in November 2013. The application was made specifically for people that love taking selfies.

Twitter remained mum on the issue.

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