Twitter held talks to acquire social network platform Clubhouse for $4 Billion

The Clubhouse is an invitation-only audio-chat iPhone app launched in April 2020

It facilitates auditory communication for a group of individuals up to 5,000 people

The app is also known for letting users host their online radio shows

However, reports suggest that the deal is no longer active

Notably, Twitter has its Clubhouse-like app called ‘Spaces’

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