Twitter holds $4 Billion takeover talks of Clubhouse
Twitter Inc. has held talks in recent months to acquire Clubhouse, the buzzy audio-based social network, according to people familiar with the matter.
Twitter’s overture came even as it has been developing a similar feature called Spaces. According to Bloomberg, the discussions between the two companies have since ended.
While the app is drastically changing the social media conversation and spurring industry leaders like Facebook, Spotify, Twitter, LinkedIn and Discord to develop or acquire rival platforms, Clubhouse’s valuation could be more fueled by hype if recent install numbers and platform awareness is much to go by.
About Twitter
Twitter is an American microblogging and social networking service on which users post and interact with messages known as “tweets”.Twitter, Inc. is based in San Francisco, California, and has more than 25 offices around the world.
Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williamsin March 2006 and launched in July of that year.
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