Is Apple Paying A Gazillion Dollars — For 140 Characters?

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The House of Jobs may be going where no computer giant has gone before: Buying Twitter.

The wildly successful social micro-network — which already boasts President Obama, actors Ashton Kutcher and wife Demi Moore, and Nine Inch Nails mastermind Trent Reznor as notable "tweeters" — has already rebuffed buyouts from Google, Microsoft, and even their "older sibling" Facebook.  The latter dangled a US$500 million cash and stock offer in front of Twitter's investors, who weren't convinced that Facebook's stock was as valuable as was made out to be.

Now word has it that Apple has upped the offer to US$700 million — and this particular carrot is all cash.

Even though Twitter, media darling that it is, has yet to turn a profit, Apple couldn't help but notice that its lean, trim interface has become the darling of the smartphone generation — particularly iPhones, where Twitter clients are flying out of the App Store.

It will be interesting to see if Apple, home of closed/proprietary hardware and software, and the open-source, Web-based Twitter can make beautiful music together – or if the young, of-few-words Lolita will prove too daunting a conquest for the Cupertino equivalent of Humbert Humbert.

[Via Gawker]

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