Twitter is said to be in talks to buy one of the popular magazine apps, Flipboard, according to a person familiar with the matter. The app is used to go through the news and latest trends around the globe. If Twitter succeeded in closing the acquisition deal, then Flipboard will be worth $1 billion approximately. Moreover, there are other companies who are also interested in acquiring the app, such as Google Inc (NASDAQ:GOOG) and Facebook.
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