Twitter said to have held acquisition talks with Clubhouse on potential $4B deal
Twitter held talks with Clubhouse around a potential acquisition of the live drop-in audio networking platform, with a deal value somewhere around $4 billion, according to a report from Bloomberg.
Twitter has its own product very similar to Clubhouse - Spaces, a drop-in audio chatroom feature that it has been rolling out gradually to its user base over the past few months.
While we aren't privy to the specifics of these talks between Twitter and Clubhouse, it does seem like an awfully high price tag for the social network to pay for the audio app, especially given its own progress with Spaces.