Apple Buyout Just a Rumor, Says Twitter

apple wont buuy twitter.jpg

The rumor that Apple wanted to buy Twitter for $700 million turned out to be just that, a rumor. According to KCBS, Biz Stone said in a television appearance Wednesday on The View that "the company was not for sale." So, yeah, there you go.

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Comments (4) [rss]

duh. with no visible revenue stream and with over a 60% churn rate of users who never return to the site after a month -- who would pony up that mountain of cash?

any site with over 40% of users leaving the biz will suffer obstacles in true growth

nerd alert!

Right now, being the meme of the moment, his concept of valuation and a potential purchaser's concept of Twitter's valuation are probably worlds apart.

90% of the "stories" on Valleywag are just rumors. Especially if the headline is a question.

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