https://sputnikglobe.com/20210408/twitter-negotiates-takeover-of-clubhouse-for-about-4bln-reports-say-1082569226.html
Twitter Negotiates Takeover of Clubhouse for About $4 Billion, Reports Say
Twitter Negotiates Takeover of Clubhouse for About $4 Billion, Reports Say
Sputnik International
MOSCOW (Sputnik) - Over the last few months, US company Twitter has held negotiations to acquire the new audio-based social platform Clubhouse for about $4... 08.04.2021, Sputnik International
2021-04-08T07:08+0000
2021-04-08T07:08+0000
2023-04-14T13:03+0000
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Twitter Negotiates Takeover of Clubhouse for About $4 Billion, Reports Say
07:08 GMT 08.04.2021 (Updated: 13:03 GMT 14.04.2023) MOSCOW (Sputnik) - Over the last few months, US company Twitter has held negotiations to acquire the new audio-based social platform Clubhouse for about $4 billion, Bloomberg reported, citing informed sources.
According to the media outlet, the negotiations are currently stalled for an unknown reason. Both Twitter and Clubhouse representatives have not provided comments on this information.
In late 2020, Twitter launched its own live audio chat service dubbed Spaces for Android users. In March, Twitter officially announced the launch of a beta version of Spaces.
The Clubhouse app works as a social networking platform that allows audio communication within exclusive groups but restricts recording or further spread of content. It was first launched in 2020 but started gaining popularity at the beginning of 2021. Clubhouse now has around 10 million active weekly users, up from 600,000 in December 2020. It is the current leader in the "social audio" market and still remains both an invite-only and iOS-only platform.
