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No 'late-stage' Apple negotiations for Twitter buy?

updated 11:05 am EDT, Tue May 5, 2009

No Apple Twitter buy

Contrary to rumors, Apple has expressed no serious interest in buying Twitter, says All Things Digital's Kara Swisher. Some in the industry are said to be claiming that Apple is already in "late-stage negotiations" to buy Twitter, whose microblogging service has skyrocketed in popularity following adoption by celebrities like Stephen Fry, Lily Allen and Shaquille O'Neal. Apple has so far only "said hello" to Twitter though, according to Swisher.

The company is in fact said to be just one of many major corporations considering absorbing Twitter, including Microsoft, which has had its business development team forming an analysis. Fox and MySpace owner News Corp. has expressed an interest, and Google mergers and acquisitions head David Lawee is said to have called Twitter a number of times. The latter could be part of the inspiration behind rumors of other serious negotiations.

Google may now be wary of such an acquisition however, as the company is said to be under scrutiny for antitrust activities due to the close ties of its board of directors with Apple, and confluent interests. Google CEO Eric Schmidt is a prominent member of the Apple directorate, and Genentech CEO Arthur Levinson sits on both companies' boards. Technology such as YouTube is heavily integrated into Apple's products.




by MacNN Staff

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Comments

  1. Mimi-mim

    Joined: Dec 1969

    +5

    Eh?

    Why on earth would Apple want to buy a useless thing like Twitter? You might as well propose that Apple is considering buying an Italian restaurant on Cupertino High Street.

  1. testudo

    Joined: Dec 1969

    +2

    Re: Eh?

    You might as well propose that Apple is considering buying an Italian restaurant on Cupertino High Street.

    No, they are completely different. The Italian Restaurant has revenue potential and income from diners. Twitter has absolutely no revenue sources except venture capitalists and the hope they can get Google to buy them up and laugh all the way to the bank.

    You know, like how the creators of YouTube did.

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