Apple Offers $700m to Twitter
According to some reports, Apple is offering Twitter USD $700m for the takeover deal. Sources revealed Apple is in advanced negotiations with Twitter and hope to close the deal by early June. Apple is waving USD $700m in cash in order to compete against Google and Microsoft who are also interested in this micro-blogging website.
Late last year, Twitter has turned down Facebook’s US $500m deal, in which the deal composed of Facebook stock.