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Twitter Negotiates Takeover of Clubhouse for About $4Bln, Reports Say


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Sputnik Worldwide

MOSCOW (Sputnik) – US firm Twitter held negotiations in latest months to accumulate new audio-based social platform Clubhouse for about $four billion, Bloomberg reported, citing knowledgeable sources.

In line with the media outlet, the negotiations are at the moment stalled for an unknown motive. Each Twitter and Clubhouse representatives haven’t offered feedback on this info.

In late 2020, Twitter launched its personal stay audio chats service dubbed Areas for Android customers. In March, Twitter formally introduced the launch of a beta model of Areas.

REUTERS / Kacper Pempel

Folks holding cellphones are silhouetted in opposition to a backdrop projected with the Twitter brand on this illustration image taken September 27, 2013

Clubhouse app works as a social networking platform that permits audio communication inside unique teams however restricts recording or additional unfold of content material. It was first launched in 2020 however began gaining reputation at the start of 2021. Clubhouse now has around 10 million weekly active users, up from 600,000 in December 2020. It’s the present chief within the “social audio” market and it nonetheless stays each an invite-only and iOS-only platform.

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