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

MOSCOW (Sputnik) – Over the previous couple of months, US firm Twitter has held negotiations to amass the brand new audio-based social platform Clubhouse for about $4 billion, Bloomberg reported, citing knowledgeable sources.

According to the media outlet, the negotiations are at present stalled for an unknown purpose. Both Twitter and Clubhouse representatives haven’t offered feedback on this info.

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

REUTERS / Kacper PempelPeople holding cellphones are silhouetted towards a backdrop projected with the Twitter emblem on this illustration image taken September 27, 2013

The Clubhouse app works as a social networking platform that enables audio communication inside unique teams however restricts recording or additional unfold of content material. It was first launched in 2020 however began gaining reputation originally of 2021. Clubhouse now has round 10 million lively weekly customers, up from 600,000 in December 2020. It is the present chief within the “social audio” market and nonetheless stays each an invite-only and iOS-only platform.


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