The two companies have reportedly held talks in recent months about Apple's making a strategic investment.
The investment could value Twitter at more than $10 billion, higher than the $8.4 billion valuation the company got in a big fund-raising last year.
Apple's efforts to break into social networking (e.g., Ping) have failed. The company has countered this by integrating Twitter and now Facebook into its operating systems.
Obviously, a big investment in Twitter would align Apple with Twitter in a way that might alienate (or disadvantage) Facebook.
Twitter CEO Dick Costolo recently remarked that Twitter has "a truckload of money." A big investment from Apple would presumably increase this to "boatloads."
These are only talks, Bilton and Rusli report. So don't count any chickens just yet.
Source: http://www.businessinsider.com/apple-might-invest-in-twitter-2012-7
jefferson county colorado extenze tenacious d steve smith zou bisou bisou tim tebow press conference tebow press conference
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.