socialmedian: Apple buying Twitter? Everything points to 'absolutely not'

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Apple buying Twitter? Everything points to 'absolutely not'

May 05, 2009

Summary

Rumours that Apple is in 'late stage' talks to acquire the messaging service Twitter for $700m might excite people. Here's why they don't make the slightest bit of sense.

If you have been trawling the web in the hopeless search for some piece of news that's completely stunning, how about the "rumour" being repeated (suspiciously similarly) by TechCrunch's Michael Arrington and Valleywag that Apple is in "late-stage" talks to buy Twitter - yes, that Twitter - for $700m, to be announced at WWDC in June?

But before we deconstruct, we must construct. Here's the TechCrunch post; here's Valleywag.

The TechCrunch post rather weirdly has "Google got shut down" in its headline - perhaps meaning that Google got frozen out if/when it approached Twitter with an offer (don't take the idea that Google made any approach as gospel) and then launches into it:

"Apple is in late stage negotiations to buy Twitter and is hoping to announce it at WWDC in June," said a normally reliable source this evening, adding that the purchase price would be $700 million in cash.

However Arrington

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