Slashdot Mirror


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.'"

29 of 90 comments (clear)

  1. Huge? Not exactly by 93+Escort+Wagon · · Score: 2

    It's not chump change by any means, but - Apple spending a few hundred million dollars on ANYTHING hardly qualifies as a "huge investment". They've got - what - something like $100 billion in the bank?

    --
    #DeleteChrome
    1. Re:Huge? Not exactly by nyctopterus · · Score: 2

      Huge from Twitter's point of view, though, surely? An investment like that would keep them afloat indefinitely.

    2. Re:Huge? Not exactly by 93+Escort+Wagon · · Score: 4, Insightful

      Oh, I'm reasonably sure Twitter would find a way to quickly burn through it. These internet startups don't seem to manage for the long term at all - and why should they, since the founders' intent is usually to maximize profit and then cash out?

      --
      #DeleteChrome
  2. What else are they going to do with the cash? by ExploHD · · Score: 4, Interesting

    With all of their assets in the bank, they could do more R&D or they can start absorbing other companies. Looks like we know what their plan is now; I expect Apple technology to be at the same level as everybody else, from here on out.

    1. Re:What else are they going to do with the cash? by Tough+Love · · Score: 4, Insightful

      With all of their assets in the bank, they could do more R&D or they can start absorbing other companies.

      Well, any company with a decent business plan has a P/E too high for even Apple to afford. (Example: Facebook - P/E 125)

      Fallback is to buy cheaper companies with lower margin, thus averaging down their own margin. Brilliant. See, unless the acquistion is diabolically stategic, shareholders would be better off just taking the cash out in dividends. And Apple hasn't been showing a whole lot of brilliance lately.

      --
      When all you have is a hammer, every problem starts to look like a thumb.
    2. Re:What else are they going to do with the cash? by knuthin · · Score: 5, Funny

      ...rather than buying startups like Microsoft. Time will tell.

      I had to read this twice. You probably meant "rather than buying startups, like Microsoft does."

      --
      Some apps are WYSIWYG. Some others are WYSIWTF.
    3. Re:What else are they going to do with the cash? by kenorland · · Score: 2

      What do you mean by "from here on out"? Apple has never invested much in research or innovation; they either copy or buy what they need, and they always have:

      http://www.youtube.com/watch?v=CW0DUg63lqU

      What has made Apple successful is that they have good taste in what they pick.

    4. Re:What else are they going to do with the cash? by jhigh · · Score: 3, Funny

      I'm not certain what the OP meant, but I believe that Google acquiring Twitter would be a huge step forward for G+. The biggest problem that G+ has is that, while lots of people may have accounts, no one actually uses their account. If I could integrate Twitter and post to my G+, I would do so in a heartbeat. You would suddenly be taking a great deal of content from Twitter and cross-publishing it onto G+ where others could comment on it, share it, etc.

      I think that it could make G+ a real player in social media.

      --
      Social Engineering Expert: Because there is no patch for stupidity.
  3. Anyone here by darkfeline · · Score: 5, Funny

    actually use twitter? In my mind, all it is is vendor-locked-down RSS feeds for monkeys with short attention spans. Does that intersect with Apple's userbase at all?

    1. Re:Anyone here by Anonymous Coward · · Score: 2, Funny

      Yes, totally

    2. Re:Anyone here by Tom · · Score: 5, Insightful

      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.

      --
      Assorted stuff I do sometimes: Lemuria.org
    3. Re:Anyone here by RobotRunAmok · · Score: 2

      vendor-locked-down [x]

      RSS feeds for monkeys [x]

      short attention spans [x]

      Does that intersect with Apple's userbase at all? 3-for-3, dude! Surprised Apple didn't think of this sooner!

  4. Great by undulato · · Score: 5, Funny

    Now I'll _have_ on to Google plus..

  5. How about they improve the Finder instead? by mfearby · · Score: 3, Informative

    With Apple's huge pile of cash they could shell out a few bucks to improve their file manager. It's a child's toy compared to what it should have evolved into by now. The path bar is something so sad that even I could have designed it. The dock is nasty, too. And they could add some preference options for people who come from normal computing backgrounds -i.e., ones where the Home and End keys actually move to the beginning and end of the current line. Gee, that'd be awesome, wouldn't it? It won't even cost much, either. But will Apple lift so much as a finger to even consider improving what they already have in lieu of dreaming up more shiny to distract users from the fact that some aspects of their OS have been crappy from day one??? Nope. Because they're utterly hopeless. I'll stick to my Linux, thanks.

    1. Re:How about they improve the Finder instead? by spectral7 · · Score: 2

      I agree with you about Finder, but for home/end of a line, just press CMD+Left/Right. This just an idiosyncrasy of the OS, like pressing CMD+Down/Up to navigate folders instead of Enter and...is there even a "up one folder level" shortcut in Windows?

    2. Re:How about they improve the Finder instead? by Tough+Love · · Score: 4, Funny

      I heard that Apple plans to introduce a one-button keyboard.

      --
      When all you have is a hammer, every problem starts to look like a thumb.
    3. Re:How about they improve the Finder instead? by value_added · · Score: 3, Interesting

      And they could add some preference options for people who come from normal computing backgrounds -i.e., ones where the Home and End keys actually move to the beginning and end of the current line.

      My computing background has taught me that Home and End keys are represented by CTRL-A and CTRL-E, respectively. When I bought my first Mac, I was pleased to discover that what I learned was still valid and Just Worked as promised. ;-)

      Granted, what you say about some of Finder's behaviour is valid, and similarly valid (but often less annoying) for replacement file managers like Path Finder, but I reckon few really care or notice. And of those that do, they probably have trivial needs. File management is important to me so instead of maintaining A Really Big List of why Finder, Path Finder et al suck, I opted for the CMS route, dropping to a terminal as needed and relying on a mix of AppleScript + Bash for routine chores.

      If it helps. Option + Up Arrow can take you to Home where Home is the top of a list.

    4. Re:How about they improve the Finder instead? by mfearby · · Score: 2

      "Just do such and such" is the retort of many an Apple zealot, but the whole point is that Apple stubbornly refuses to even add a preference icon to allow such things to be modified to ease the transition of those who have learned - and cannot unlearn - a lifetime's habit. You might consider it to be very smart business indeed: add something that won't annoy existing users but which might help the hordes of Windows users looking for a refuge (and they will grow exponentially when 8 comes out). But no, The Most Holy Steve Jobs has declared that a feature, once implemented, may be improved only after his ego has been stroked most rigorously! Now that The Great One has ascended, it will probably take a Black Mass to get permission to fix something :-(

    5. Re:How about they improve the Finder instead? by mfearby · · Score: 3, Informative

      Apple prided themselves on making computing easy, but to release a file manager and then never improve upon it, and to expect users to write Apple Scripts (what a stupid language *that* is!) or to fire up a Terminal (Oh no, the most unholy of unholies on a Mac OS, using a command-line!), is something I will never understand. Apple seem to be hell-bent on NEVER improving the Finder. Path Finder isn't much chop, either. It still offers the "Replace" button instead of merging folders like normal operating systems do. The writing is on the wall for the Mac OS, anyway. Just like Ubuntu has done with Unity, GNOME have done with GNOME 3, and Windows will soon do with 8, these morons seem to think that tactile input devices are going to wiped from the face of the earth and made a crime to possess, because they're all making it progressively more difficult to use computers. Thank god for the likes of KDE (which I have recently re-adopted).

    6. Re:How about they improve the Finder instead? by mfearby · · Score: 2

      Behold, the MacBook Wheel, which will making typing a thing of the past: http://www.theonion.com/video/apple-introduces-revolutionary-new-laptop-with-no,14299/

    7. Re:How about they improve the Finder instead? by Anonymous Coward · · Score: 5, Funny

      Yeah: and the button is called "PAY"

    8. Re:How about they improve the Finder instead? by Johann+Lau · · Score: 2

      The file cabinet metaphor is on its way out on the Apple platforms, and Apple isn't know for investing a lot of money into legacy tools.

      That's fucking stupid.

  6. Apple can do both R&D and acquisition by perpenso · · Score: 2

    With all of their assets in the bank, they could do more R&D or they can start absorbing other companies.

    Apple can do both R&D and acquisition. And they can do it with cash, they don't even need to go into debt. They have over $US110 billion in cash.

  7. There are a million +1 apps that tweet by metalmaster · · Score: 2

    What if apple bought it(or just enough stake in it) to changed that?

  8. submit tweet for approval by AmericanToBeDad · · Score: 2

    Each tweet now subject to the rigourous reviews of Apple, for quality control (and mind control).

  9. Why? by caffemacchiavelli · · Score: 4, Insightful

    I fail to see anything but Dutch tulips in this. What can Apple possibly gain here, in real terms, not "Uhm we need to be social" lingo?

    I could understand Google's, FB's, even MS' interest; they all found ways to monetize eyeballs, even though FB is still trying to mature and Bing seems to be moving backwards. But Apple? They sell high-end hipster equipment. What do they need a free SMS spamming service for? I can already tell the world what I had for breakfast and which mobile device I elected to publish this momentous bit of information with, I'm not sure more integration will make my customer experience better in any meaningful way.

  10. I look forward by bryan1945 · · Score: 2

    To the coming of the MacTwits.

    --
    Vote monkeys into Congress. They are cheaper and more trustworthy.
  11. Here, Lemme Splain... by RobotRunAmok · · Score: 2

    Twitter is a marketing tool for brands and industry. It's a dream mechanism for them: a fan, or anyone with a slight interest in the product/brand/artist, is encouraged to "follow" the appropriate twitter stream, and so is thereby locked into a steady barrage of product updates designed to also reinforce the vendor/customer relationship by adding the semblance of making it "personal.'

    Of course, there are many Tweeters who aren't selling anything; theirs are the buyers' eyeballs being marketed to the sellers. It is important to make them feel like they are more than hipster consumers, and Twitter -- along with a Dutiful Media -- has done a great job in convincing them that their own tweets mean something, much in the same way that, 4-5 years ago, YouTube and the Dutiful Media managed to convince the world that bored suburban teenagers lip-synching to Aqua's "Barbie Girl" was somehow Art. "Citizen Journalists" have replaced the "User-Generated Content Makers," to the great amusement of the professional artists and creators whose pockets they continue to line.

  12. Apple offers Twitter server space? by MtViewGuy · · Score: 2

    I wonder is it possible that in return for Apple heavily investing in Twitter, Twitter moves its data servers to one of the big server farms Apple operates. That way, Twitter has the capacity to handle even more message loads.