Apple Reportedly Buying Twitter

by admin May 5, 2009 at 11:30 am

Valleywag reports that Apple is in negotiations to possibly buy Twitter. Twitter is growing massively with some sources putting it at 40% per week. Facebook recently tried to buy Twitter for $500 million, but was unsuccessful.

According to Valleywag sources close to the Apple/Twitter negotiations peg the amount being offered at as high as $700 million. According to sources, Twitter would reportedly be hard pressed to turn down an all cash $700 million offer from Apple.

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