Twitter Makes a $50 Million Bid for TweetDeck

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Twitter is reportedly in talks to pay $50 million for TweetDeck, one of the most popular third-party Twitter clients. Earlier this year, UberMedia was reportedly going to shell out only $30 million for the same service. So, what makes TweetDeck suddenly worth an extra $20 million? Well, it could have something to do with the fact that TweetDeck, which doesn't release its number of users, is popular with power users. It could also have to do with Twitter's strategy of buying up third-party clients. Another likely motivating factor: UberMedia, the company behind rival Twitter clients Echofon and Twidroyd, just told CNN it's working on its own Twitter copycat. [Mashable]