Apple and Twitter: The Latest Rumored Pairing
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Valleywag has floated the rumor that Apple (NASDAQ: APPL) is in "serious negotiations" to buy Twitter for as much as $700 million, with the hope of announcing the deal June 8 at its Worldwide Developers Conference.
This latest comes after the failed Facebook acquisition, the most likely inaccurate (or at the very least overstated) TechCrunch story that Google was getting close to sealing the deal, and persistent rumors that Microsoft, News Corp. and other deep-pocketed companies are considering adding the microblogging phenom to their portfolios.
On its face, the idea of an Apple-Twitter tie-up seems a crude match. Departing Valleywag editor Owen Thomas points this out in his post, declaring, "If Apple buys Twitter, it won't be about making money. It will be about making a statement."