Twitter says no to Facebook for now

In San Fransisco yesterday, Twitter chief executive and co-founder Evan Williams said they've turned down a Facebook offer of $500 million, which was mostly in stock. They believe they still have many things left to do as a company, including turning a profit. This company, which is just two years old would like to stay away from turning a profit by making revenue from sales ads. For more on the story, read this article at the New York Times.