Twitter Buys Microblogging Site Posterous
The nanocontent company Twitter is buying the microblog site Posterous, according to posts on both services. Terms of the deal are not yet public. Posterous is a blog platform with a focus on simplicity. Like competitor Tumblr, it's designed so users can quickly create short posts. Items can be posted from the Web, the Posterous mobile app, or from e-mail.