Alphabet’s Google Buys Mobile App Tool Fabric From Twitter

Google isn’t buying Twitter Inc., but it’s buying one of Twitter’s remaining parts. Alphabet Inc.’s online search division agreed to purchase Fabric, a Twitter business that provides a software toolkit for mobile apps. The companies didn’t disclose financial terms. For Twitter, the deal allows it to offload another asset as it faces pressure to deliver growth. For Google, which is absorbing Twitter employees working on Fabric, the acquisition is designed to help it recruit mobile developers.

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