4/20, 7:31 PM (Source: TeleTrader)
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Report: Microsoft, Discord halt deal talks

Instant messaging platform Discord Inc. has halted talks with Microsoft regarding a possible sale of its business, the Wall Street Journal reported on Tuesday citing sources familiar with the matter.

Prior to ending the talks, at least for the time being, Microsoft was reportedly interested in acquiring Discord for $10 billion. However, sources said that talks may resume in the future.

Last year, Microsoft was one of the interested parties negotiating a purchase of TikTok's US operations during the Trump administration.

Breaking the News / JC