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However, reports suggest that the deal is no longer active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’