Twitter has taken over talks with Flipboard. According to the reports, there had been several discussions between both parties, but the negotiations have fallen into calmer waters. Reportedly Twitter must take into account a purchase price of 900 million euros.
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Twitter has latterly been under pressure from shareholders and investors. The social network will get the blame, too few new markets and users to tap and too little innovation. Flipboard, an app to experience digital magazines, will be especially seen as an extension of the existing Twitter service. Many new users do not deliver according to the re / code because most Flipboard users already have a Twitter account.
Flipboard CEO Mike McCue is no stranger to Twitter. The entrepreneur already sat on the Board of Directors of Twitter.
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