“Only in the bubble of Twitter-obsessed San Francisco would a buyout offer of $2.5 billion seem ‘insulting,'” Sid Yadav reports for VentureBeat. “Yet that is reportedly how executives at the microblogging startup saw an informal offer from Google and a larger offer of $4 billion from another bidder earlier this year.”
“Facebook previously made Twitter an all-stock offer of $500 million in 2008,” Yadav reports. “Apple also may have made an offer of $700 million, going as far in its due diligence as interviewing some key technical employees, last year, according to unconfirmed reports that were roundly dismissed at the time. Now that Apple has launched its own social network, Ping, and partnered with Twitter, though, those reports of Apple’s interest make far more sense.”
Yadav reports, “Everyone wants in on Twitter’s precious tweets, it seems. And the price tag keeps rising.”
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