Sources: Google In Late Stage Talks To Acquire Twitter

Perhaps the stage is a little earlier then techcrunch is reporting, but either way it appears that the two companies are definately in discussion ... And it makes perfect sense as twitter promises to be an extremely powerful real-time search engine, while google already has the infrastructure and gianormous base that could make twitter really soar.  

My guess: there will be a lot of wild speculation for a few days, then some kind of announcement about the relationship -- which might start of as a "strategic partnership", and quickly end up in a full-fledged acquisition. 

We'll see. 

http://www.techcrunch.com/2009/04/02/sources-google-in-late-stage-talks-to-buy-twitter/