X

Apple Reportedly Eying Twitter

By Angus Loten,  Newser User
Posted May 5, 2009 12:00 PM CDT
Apple Reportedly Eying Twitter
Twitter co-founder and CEO Evan Williams and co-founder Biz Stone at the company's headquarters in San Francisco.   (Getty Images)

(Newser) – Apple is closing in on a $700 million, all-cash deal to buy Twitter, Gawker reports. Silicon Valley sources say an agreement could be announced as early as next month at Apple’s annual Worldwide Developers Conference, and the iPhone is reportedly the force behind the deal: Its users already post countless Twitter messages on Tweetie and other Apple apps.

story continues below

Twitter recently turned down a $500 million cash-and-stock offer from Facebook, and has also been approached by Microsoft and Google. And though some point to a disconnect between hardware-focused Apple and Web-based Twitter, the deal makes sense, Owen Thomas writes, in that it could help “secretive and paranoid” Apple overcome its resistance “to the wide-open ways of the Web.” (Read more Apple stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X