Discord dismisses Microsoft deal

Discord has halted talks to sell itself to Microsoft or other companies, as The Wall Street Journal reports. The popular online chat app was in talks to sell to Microsoft for a price that valued Discord at over $10 billion.

However, Discord decided to end deal talks with the company, without giving further information. The company refers only that want to stay independent and consider a potential public listing to build on its success.

It should be noted that Discord has around 140 million monthly users and earned about $130 million in revenue in 2020.