Apple to Consider Twitter Acquisition
N.Y. Times 1-col. lead, “Apple Officials Said to Consider Stake in Twitter: Expanding Existing Ties,” by Evelyn M. Rusli and Nick Bilton: “Apple … has talked with Twitter in recent months about making a strategic investment in it … Apple has considered an investment in the hundreds of millions of dollars, one that could value Twitter at more than $10 billion, up from an $8.4 billion valuation last year … Recently, Apple has tightly sewn Twitter features into its software for phones, tablets and computers, while, behind the scenes, Twitter has put more resources into managing its relationship with Apple.
“Though an investment in Twitter would not be a big financial move for Apple by any stretch – it has $117 billion in liquid investments, and it quietly agreed to buy a mobile security company for $356 million on Friday – it would be one of Mr. Cook’s most important strategic decisions as chief executive. And it would be an uncommon arrangement for Apple, which tends to buy small start-ups that are then absorbed into the company.” http://nyti.ms/O7DSvM
