About: http://data.cimple.eu/news-article/ce064d3f8b017b3f760d05e27bffc361ab280a5f1102ff17b267f05a

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About: http://data.cimple.eu/news-article/ce064d3f8b017b3f760d05e27bffc361ab280a5f1102ff17b267f05a Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considering its options for a public offering, the Wall Street Journal reported Tuesday. Media reported last month that the social platform, created in 2015, was engaged in discussions about a transaction with the technology giant that would have valued Discord at $10 billion. Discord, which is based in San Francisco, allows its 140 million monthly users to exchange text, audio and video for free. The platform, which is not yet profitable, generated about $130 million in revenue in 2020 from $45 million the year before as it grew beyond just "gamers" to other users as well during the pandemic, according to the Journal. At least three different companies have expressed interest in acquiring Discord, the newspaper said, citing anonymous sources. Picking up Discord would have allowed Microsoft to expand its social presence beyond LinkedIn, the professional network it acquired in 2016. And Discord sees a large group of users among gamers using Xbox, Microsoft's video game brand that ranges from consoles to mobile games to streaming services. But Discord may instead be looking toward a market debut, the Wall Street Journal said, following in the footsteps of other recent public offerings from the video game world such as collaborative gaming platform Roblox. vmt/vgr/caw/jh
schema:headline	Discord abandons Microsoft acquisition talks: report
schema:mentions	Roblox Xbox LinkedIn Initial public offering The Wall Street Journal Video game San Francisco Microsoft Pandemic Social presence theory Game Players Schism Canadian Auto Workers
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-21 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	86 (xsd:integer)

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