Twitter Mania: Google Got Shut Down. Apple Rumors Heat Up.

This is just ridiculous. Belongs on The Onion. Companies that have a clue don't buy other companies for $700m just because they're "so hot right now". Because they could well be "so dead tomorrow".

If anyone buys twitter, it'd be for one reason, and one reason alone - PR. It'd be just like buying the milliondollarhomepage - which was also "So hot right now!!!".

Techcrunch has become the onion. I guess they realized that they get more page views even if its a rumor pulled out of their behind

I love this bit: "We would have passed on reporting this rumor at all, but other press is now picking it up."

To rephrase: "We have to follow the herd here even though it's a very wild rumor."

Maybe twitter will be used to replace SMS by Apple?

They might have deals with carriers that they are not allowed to sent sms messages through the internet and must use the carrier's network, but what if they are deploying their own sort of sms network?