Twitter has reportedly been in talks to buy Flipboard for more than $1B
Twitter could pay more than $1 billion in stock to make the acquisition, Re/code’s Kara Swisher is reporting, citing unnamed sources. Flipboard did not immediately respond to VentureBeat’s request for comment on the report. Twitter declined to comment. Deeper integration of the Twitter and Flipboard apps as a result of an acquisition could help Flipboard take advantage of advertisements from some major brands. Flipboard, meanwhile, could become larger by expanding to Twitter’s entire user base.
|