Should Apple buy a stake in Twitter?

The gadget-maker is rumored to be interested in the social-media company that specializes in 140-character messages, and some say it's a match made in heaven

According to a New York Times report, Apple and Twitter have been in talks discussing the possibility of Apple investing in the social media powerhouse.
(Image credit: Cameron Spencer/Getty Images)

In the ever-shifting battles among titans of the tech industry, companies have often joined forces to make up for their own respective shortfalls, from Microsoft's search-engine partnership with Yahoo to Google's arrangements with Samsung and other cellphone manufacturers. Now, The New York Times reports that Apple recently talked to Twitter about investing hundreds of millions of dollars in the social messaging site, in a deal that would value Twitter at $10 billion. While subsequent reports say the discussions occurred some time ago and did not result in a deal, a Twitter-Apple alliance would certainly shake up the tech world, and potentially create a situation in which Twitter applications are pre-loaded onto your iPhone before the device even comes out of the box. Should Apple buy a stake in Twitter?

Yes. Apple needs a social-media platform: Apple's specialty is hardware, but it "can't pretend that social networking doesn't matter," says Harry McCracken at TIME. "Partnering up with an existing major social network, and maybe even owning part of it," is far preferable to "building its own mammoth social network from scratch." Facebook and Google are too competitive with Apple to make good partners, but Twitter would be a "worthwhile way for Apple to invest a tiny sliver of the billions it has in the bank."

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up