Apple NOT Buying Twitter, Says Twitter Co-Founder.

Posted: May 6 2009, 1:35pm CDT | by , Updated: Aug 11 2010, 2:14pm CDT, in News | Apple

 
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Bad news, you don't get to be quite as hip today as you were hoping to be. Twitter is staying independent, despite rumors across the Internet that they were in late negotiations with Apple. The co-founder of Twitter Inc., Biz Stone, has just denied all allegations of the sale.

"No. We are not for sale." said Stone, adding that Twitter was focused on, "remaining independent."

Rumor had it that Apple was prepared to lay down 700 million for ownership of the fledgling social media company. That would've been a bargain, too. Twitter is blossoming into an enormously popular communications medium. The advertising potential it would have created for Apple is incalculable.

I'm impressed with Twitter's commitment to staying independent. They obviously have a vision for their creation, and they intend to see that vision through to the end, even if it means losing out on hundreds of millions of dollars each. I think this decision will ultimately be a good thing for the future of Twitter. The more independent they can stay, the wider they will spread.

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<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
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