Twitter “mulls $1 billion Flipboard takeover” May 27, 2015 - 10:12 AMT PanARMENIAN.Net - Twitter is reportedly considering an acquisition of news aggregator Flipboard, Digital Spy reports. The deal could be costly however, as the company is valued at over $1 billion according to Re/Code. Twitter's CFO Anthony Noto has apparently been leading the discussions since the beginning of 2015, although both parties seem no closer to agreeing a deal. The pair both face the same problem of increasing active user numbers and convincing investors that they can make money. Flipboard's last public user count stood at 100 million "activated" users, while Twitter has 302 million. In recent months, Twitter has also been focusing on other projects such as its Periscope live streaming app, which launched on Android on May 26. Photo: Mary Turner/Getty   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
