Article 9S14 Twitter reportedly eyeing $1bn Flipboard acquisition

Twitter reportedly eyeing $1bn Flipboard acquisition

by
Alex Hern
from Technology | The Guardian on (#9S14)

Social network and magazine app have been in talks since the beginning of the year, according to reports

Twitter is discussing the possibility of acquiring the social media aggregation app Flipboard at a valuation of more than $1bn, according to reports.

Twitter's chief financial officer Anthony Noto has been leading the talks since the beginning of the year, though they are currently stalled, reports Kara Swisher at the technology website Recode.

Related: Flipboard moves to the web with plans to host some news publishers' content

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