Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Twitter held talks for $4 billion takeover of Clubhouse - Bloomberg News

04/07/2021 | 04:43pm EDT
FILE PHOTO: Illustration picture of social audio app Clubhouse

(Reuters) -Twitter Inc held discussions in recent months to buy audio app Clubhouse at a $4 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Discussions are no longer ongoing, and it was unclear why they stalled, according to the report. (https://bloom.bg/3t1hNci)

Twitter declined to comment on the report, while Clubhouse did not immediately respond to a request for comment.

San Francisco-based Clubhouse, whose invite-only app allows people to discuss varied topics in audio chatrooms, recently reported 10 million weekly active users.

It has seen its popularity surge after appearances by billionaires Elon Musk and Mark Zuckerberg, and as more people took to it during the COVID-19 pandemic.

Twitter has its own live audio feature, Spaces, which it aims to make available for all its users this month.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Ramakrishnan M.)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK, INC. -2.24% 302.82 Delayed Quote.13.40%
TESLA, INC. -3.95% 732.23 Delayed Quote.8.03%
Latest news "Economy & Forex"
05:57pGameStop CEO forfeits over 587,000 shares for not meeting targets
RE
05:41pClearing a Path Toward Transparency, Inclusion, and Sustainability in Panama
PU
05:41pWORLD BANK† : Promoting Climate Change Action in Latin America and the Caribbean
PU
05:39pCLARIDA : If inflation expectations 'drift up persistently,' Fed would need to respond
RE
05:32pUK finance lobby urges rules rethink to unlock capital for COVID-19 recovery
RE
05:32pNew Zealand House Prices Hit New Record High in March
DJ
05:25pAGA AMERICAN GAS ASSOCIATION† : Natural Gas Distribution Emissions Continue to Fall
PU
05:13pUtilities Up As Sector's Upward Momentum Gains Steam -- Utilities Roundup
DJ
05:11pCANADA STOCKS - TSX falls 0.17% to†19,171.66
RE
05:11pCommunications Services Down On Value Bias -- Communications Services Roundup
DJ
Latest news "Economy & Forex"