It is being reported that Apple has held serious talks with Twitter in recent months about making a sizable investment in the social networking firm. Such a deal would help the iPhone maker bridge the gap in its own lack of social media presence.

The investment is said by the New York Times to be valued in the region of hundreds of millions of dollars.

This would add more than $1.6bn to Twitter’s valuation catapulting it to $10bn. It was last valued at $8.4bn last year. Read More »