Oct 27, 2010

Apple to Invest in Facebook? Facebook says No. [TNW Social Media]

http://thenextweb.com/socialmedia/2010/10/25/apple-to-invest-in-facebook-facebook-says-no/
Earlier today Mashable broke news of a rumor that Facebook would be taking investment from Apple in a new Series E round of funding. Understandably, twitter is abuzz with the rumor leading to a sharp response from Facebooks Director of Corporate Communications Larry Yu to flatly deny the rumor.

Despite Yu claiming there is no truth to the rumor, it doesnt necessarily mean the rumors are false. It simply means Yu isnt aware of any future rounds of investment and certainly not one from Apple.
More to follow.
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