Connect with us

Tech

Discord, a chat app for gamers, is said to have talked about dealing with Microsoft

Avatar

Published

on


Gamer-popular social media company San Francisco Discord has negotiated with Microsoft for a deal that could exceed $ 10 billion, according to people who were briefed on the situation.

The discussion was preliminary and there were no imminent transactions, said one of those who refused to be identified because the discussion was confidential. Negotiations were held as video games grew rapidly in a pandemic and Microsoft, one of the world’s most valuable tech companies, strengthened its gaming business by trading.

Many of Microsoft’s acquisitions in recent years have focused on the online community, including the purchase of LinkedIn, GitHub, and the game developer who created Minecraft. Last summer, Microsoft was in talks to buy the video app TikTok. The discussion later fell apart. In September, Microsoft also acquired ZeniMax Media, the parent company of several large game studios, for $ 7.5 billion.

With over 100 million active users each month, Discord is very popular in pandemics because people use the service to chat with each other while playing games. The San Francisco-based company, which has raised nearly $ 600 million since 2014, is aware of the issue after years of preliminary negotiations with various suitors. Another said.

Private companies, which investors valued at $ 7 billion in December, are also candidates for public holding. This month, Discord hired the first Chief Financial Officer. This indicates that it may be preparing for an initial public offering.

Microsoft and Discord spokespersons declined to comment. VentureBeat previously reported that Discord was discussing the deal, and Bloomberg reported Microsoft’s involvement.

Professor Joost van Dreunen of New York University, who studies the video game business, said Discord would naturally fit into Microsoft’s Xbox video game business if the deal was signed. He said Microsoft was building the hardware, buying the software, and now connecting everything with the connective tissue of the community.

Microsoft says it wants to make it easy to play games at home on the Xbox console or on the go with your mobile phone. In the last three months of 2020, the gaming business generated $ 5 billion in revenue for the first time following the release of the new Xbox console.

Discord was founded in 2015 by programmers and entrepreneurs Jason Citron and Stan Vishnevskiy as a platform for video game players to chat and hang out during the game. In 2017, it gained mainstream attention as a far-right meetinghouse that used Discord to organize a white supremacist rally in Charlottesville, Virginia.

Since then, Discord has implemented stricter content moderation rules and banned the alt-right community. A small community, which is essentially an app that allows you to create private servers, has audio, text, and video chat options.

Last year, Discord announced plans to extend it to everyday use of all types of online groups, not just games. It has been used for activities such as university classes and for holding events such as Black Lives Matter protests.

According to one, the company exceeded $ 100 million in revenue last year. Discord makes money by selling subscriptions to premium versions of the service.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]