Twitter reportedly in talks to buy Flipboard

We’re not quite sure what Twitter might want with Flipboard but there are talks that they want to purchase it. According to Re/Code, Twitter wants to buy Flipboard in an all-stock deal that would put Flipboard’s value over US$1 billion. Talks have begun at the start of the year supposedly. And it’s headed by Twitter’s CFO Anthony Noto.

Perhaps Twitter aims for Flipboard’s curation tools or even the advertising the news curator does. If there’s any truth to the reports, then we’d have to wait for a bit to hear from either or both companies.

Source: Re/Code | Via: The Next Web