Fri, Jul 25, 2014, 11:18 PM EDT - U.S. Markets closed


% | $
Click the to save as a favorite.

Facebook, Inc. (FB) Message Board

  • michaelroman910 michaelroman910 Jul 29, 2012 9:07 PM Flag

    Motley " 10 REASONS TO LIKE & BUY FB" post

    CNN Money
    Apple buy Twitter? No way.
    By Philip Elmer-DeWitt July 28, 2012: 6:30 AM
    Apple doesn't need a social network. And Twitter doesn't need to cash out.
    FORTUNE -- Having posted a piece Friday suggesting -- right in the first sentence -- that Apple (AAPL) would never buy Twitter, my heart stopped briefly when I saw the headline Apple Officials Said to Consider Stake in Twitter in Saturday's New York Times.
    Could I have been wrong?
    I calmed down a bit when I read Evelyn Rusli and Nick Bilton's piece. These were discussions, not a deal. About an investment, not an acquisition. And the negotiations were over. Done. Kaput.
    The Wall Street Journal's catch-up-to-the-Times piece, posted a few hours later, made an acquisition seem even more remote. According to the Journal's "person familiar with the talks," the discussions occurred more than a year ago, not in "recent months" as the Times had it.
    Both papers implied, without actually saying it, that the proposed investment was never consummated.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
75.19+0.21(+0.28%)Jul 25 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.