Friday, March 29, 2024

Twitter engaged in talks to purchase Flipboard

Share

flipboard_app_icon_2015

The next major acquisition for Twitter could be in a social aggregator. The company is reportedly engaged in talks with Flipboard that could result in a deal worth more than $1 billion. Negotiations have been ongoing since the start of the year and Twitter’s CFO, Anthony Noto, has led the way. The deal, if closed, would allow increased synergy for two services thata are all about content consumption.

A Twitter spokesperson responded to the report by saying “We don’t comment on rumor or speculation.”

Source: Re/code

Come comment on this article: Twitter engaged in talks to purchase Flipboard

Visit TalkAndroid for Android news, Android guides, and much more!

Read more

More News