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Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, July 28, 2012
Apple May Have Considered Stake in Twitter


Apple may be considering a stake in Twitter, according to the New York Times. But according to the Wall Street Journal, that was so a year ago, and nothing came of the talks.

The differing views came to light late Friday, with the Times saying people briefed on the matter said Apple "has talked with Twitter in recent months" about making a strategic investment in it.

The paper said Apple had considered an investment "in the hundreds of millions of dollars, one that could value Twitter at more than $10 billion."

On the other hand, Journal said. "People familiar with the matter said there are no current formal investment or acquisition discussions between the companies," the paper said, adding that talks had ended.

Twitter is currently estimated to be worth $8.4 billion.


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