Where do these things come from? The latest rumor making the rounds of the blogosphere paints Apple as interested in buying Twitter, to the tune of $700 million.
The "Twapple" report comes courtesy of Owen Thomas at Gawker, who said he has heard from one source "who's plugged into the Silicon Valley deal scene" that Apple is interested in buying Twitter.
"What does Twitter, an adorable but unprofitable startup, have to do with a hardware company like Apple? The iPhone is the obvious driver of the deal," Thomas said. Thomas also noted that Twitter reportedly turned down a stock deal from Facebook, but that Apple has billions in the bank. A deal could be done by June 8, the date of Apple's Worldwide Developer Conference.
TechCrunch's Michael Arrington, who earlier trumpeted that Google was buying Digg (and then hastily backed off) "reported" the story in hindsight, claiming in an story datelined Tuesday that a source has essentially told him the same thing "this evening", presumably before the 2 AM time when Thomas filed his own report.
Neither Thomas nor Arrington themselves say they believe the Apple-Twitter combination is a done deal, yet both reported it anyway with but a single source. As always, time will tell.
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Wednesday, June 3, 2009
'Twapple' Rumor Has Apple Buying Twitter
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