Tech Rumor: Apple in Talks to Buy Twitter for $700 Million

May 5th, 2009 - FOXNews

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Two important tech blogs, TechCrunch and ValleyWag, both reported early Tuesday that Apple was making a $700 million play for the microblogging Web site, the hottest company in Silicon Valley since, well, Facebook (which did actually try to buy Twitter last year).

"Apple is in late stage negotiations to buy Twitter and is hoping to announce it at WWDC [Apple's World Wide Developers Conference] in June," said TechCrunch's unnamed but "normally reliable source."

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