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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.

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