CIO Briefing

Apple and Twitter might be getting into bed together

Apple CEO Tim Cook

Apple CEO Tim Cook // Paul Sakuma/AP

Apple and Twitter have a great relationship. Their relationship is so great, in fact, that Apple executives have spoken with Twitter about making an investment somewhere in the hundreds of millions of dollars range. 
 
The New York Times' Nick Bilton and Evelyn M Rusli report the two companies have had talks about Apple making a potential investment into the social media company. Bilton and Rusle report the two companies aren't negotiating right now, but it's an idea that's been tossed around over the last few months. Their sources say the potential investment could value Twitter at over $10 billion. It should be noted the news comes on the heels of Facebook posting a record low stock price after a disappointing second quarter earnings report. Apple's relationship with Twitter is so great only because things didn't work out between Apple and Facebook.

Read the full story at The Atlantic Wire.

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