NYT claims Pome has dallied with investing 'hundreds of millions' in Twitter

Apple has been on a social networking kick lately, what with Twitter's footings in iOS 5 and OPENING X Crest Lion as well as Facebook's future presence in iOS 6. From what the New York Times hears, that fascination could turn much of a fixation. The company has reportedly chatted with Twitter in past months about the possibility of investing money on the scale you'd normally expect from a later-stage venture capitalist: the newspaper is talking "hundreds of millions" of dollars based by Twitter being valued at more than $10 billion. Any such deal would be little about funding (Twitter purportedly has $600 million-plus in the bank) and more about getting cozy in a social world where Apple still has some learning to do. Apple might commonly poverty to dissuade competitors from feat any ideas, we'd add. Neither side volition statement, and the negotiations aren't even supposed to be active At souvenir. Regardless, that Apple strength have even toyed near a common networking investment could represent a major change in tack all for a company that's not always known for playing well with others.Filed under: InternetNYT claims Apple has dallied with investing 'hundreds of millions' in Twitter originally appeared on Engadget on Fri, 27 Jul 2012 23:05:00 EDT. Please see our footing for use of feeds.Permalink   |  Unusual York Times  | Email this | Comments

Source: http://www.engadget.com/2012/07/27/nyt-claims-apple-has-dallied-with-investing-in-twitter/