“A source close to Google tells us that the company has put a stop to all acquisitions related to Google+, at least until the end of this year,” reports TechCrunch.
“This source also tells us that Google is wary of both growing the Google+ team right now and providing the product with any additional resources until January,” adds the post.
However, the traditional Google+ Hawaii offsite meeting is reportedly still on the schedule. It is also worth noting that Google+ has already made significant acquisitions this year including the $100 million Meebo purchase.
Google also acquired automatic friends sorter Katango and social media analytics service SocialGrapple last year.
“The Google+ project itself is not on hold but, if this rumor is indeed correct and Google is cutting back on expanding the team’s resources, this could be an indication that Google+ isn’t doing quite as well as the company’s glowing public comments would indicate,” suggests TechCrunch.
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