Report: Apple in Talks to Buy Twitter

On May 5, 2009 - 8:41am.

Los Angeles - Following rumors of buyout talks with first Facebook, and then Google (NASD: GOOG), Valleywag reports that Apple (NASD: AAPL) is now in "serious negotiations" to acquire the Twitter microblogging service for as much as $700 million. The report cites "a source who's plugged into the Valley's deal scene and has been recruited by Apple for a senior position," who says Apple hopes to announce a deal by June 8, the kickoff date of its annual developers' conference.