Apple Reportedly Considering Huge Investment In Twitter

The NY Times reports that Apple has internally discussed an investment into Twitter to the tune of hundreds of millions of dollars. From the article: "There is no guarantee that the two companies, which are not in negotiations at the moment, will come to an agreement. But the earlier talks are a sign that they may form a stronger partnership amid intensifying competition from the likes of Google and Facebook. Apple has not made many friends in social media. Its relationship with Facebook, for example, has been strained since a deal to build Facebook features into Ping, Apple's music-centric social network, fell apart. Facebook is also aligned with Microsoft, which owns a small stake in it. And Google, an Apple rival in the phone market, has been pushing its own social network, Google Plus. 'Apple doesn't have to own a social network,' Timothy D. Cook, Apple’s chief executive, said at a recent technology conference. 'But does Apple need to be social? Yes.'"

Comments

Re:Anyone here

[Tom]

Finally a like mind!

I've never understood what the whole Twitter fad is all about. For SMS messages, at least the length limit has a technical purpose. For artistic reasons, extreme limits sometimes work as well. But for expressing thoughts or anything?

It's a cute idea gone horribly wrong, in my eyes. But apparently, in a world where ADD is cool, it's exactly what the monkeys want.

If anything, Twitter is living reminder that I don't understand the world anymore. I simply don't get it, and I don't understand how the company can be worth more than, say, the pub down the street.