26-05-2015 13:07 via feeds.theguardian.com

Twitter reportedly eyeing $1bn Flipboard acquisition

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