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Apple Looking to Acquire Twitter?

Tuesday May 5, 2009 2:34 am PDT by Arnold Kim
TechCrunch reports that they've heard that Apple may be in late stage negotiations to buy Twitter.com for $700 million. Of course, when the site checked with other sources, they were told they knew nothing of the sort... making this rumor seem very questionable.

Twitter is a social messaging platform that allows users to broadcast short messages to "followers". The web app has seen a recent explosion in growth with massive publicity surrounding celebrity usage. Ashton Kucher and Oprah are some of the biggest celebrities to recently start participating on Twitter.

Perhaps the biggest reason to doubt this rumor is that there seems to be no clear synergy between Apple and Twitter. Twitter continues to run on venture capital funding and has yet to find a revenue stream.
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johnnyjibbs
36 months ago
This seems even less likely than Apple acquiring EA. What is Apple going to do with Twitter? How are they going to make any money from it? Moreover, with its very public stream and APIs, how is it going to help sell Macs or iPhones?
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icloud
36 months ago
I'd be pretty okay with Apple acquiring twitter. All of my friend using twitter seem to be mac users.

I'm on twitter as: @Sound_wav
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iPhoneNYC
36 months ago
What I don't like about Twitter is it's falseness. A-Rod doesn't twitter when he's going to shoot steroids, etc. It's highly controlled PR. 140 characters of it. False glossed-over news will where thin after the fad of it wears off. From my perspective, it would be like Time acquiring AOL. It's not a good move.
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foobarbaz
36 months ago
That's about 1$ per APPL share. What a waste of money.
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mobius42
36 months ago
I think Jim Cramer is trying to manipulate Apple's stock price again. Where do these crazy rumours come from!?:confused:
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Virtuo
36 months ago
This is interesting news. I initially heard this from: http://valleywag.gawker.com/5240350/could-apple-buy-twitter . Again just interesting :). Not entirely sure if I'd like it to be true.
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kenzbud
36 months ago
Two take over rumors in a row? Something fishy is going on here : /
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T'hain Esh Kelch
36 months ago
This has to be one of the most stupid Apple rumors I've ever heard...
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Makosuke
36 months ago
I disagree--EA is one of the stupidest takeover rumors I've heard. Twitter at least has the "small, hip" thing Apple likes very much. I don't exactly see how Apple would benefit from buying the company, as the iPhone is already well-positioned as a Twitter client and it's by nature a free and platform-agnostic service, but it makes more sense than an immense broad-spectrum game developer.

Still, I don't see it happening unless the board in place of Steve is getting buzzword-happy on the acquisitions. More likely a stock-manipulation scheme, I'd say.
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Linkmobile
36 months ago
Apple should buy Macromors :D
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