2025 Sees SK hynix's HBM Chips Fully Booked Amidst AI Surge 
Kakao Gets Approval to Acquire SM Entertainment Controlling Stake 
Anthropic Launches Claude AI App on iPhone to Rival OpenAI’s ChatGPT 
Toyota to Accelerate Advancement of Fuel Cell Technology, Establishes Hydrogen Headquarters 
Samsung Capitalizes on AI Boom with Advanced Memory Chips and Home Automation with Jet Bot Success 
A$AP Rocky and PUMA Launch Motorsport-Inspired Collection 
For Europe to emulate Silicon Valley’s tech success, it should change its startup funding model 
Elon Musk Fires EV Supercharger Staff, Explains Reason for the Team’s Disbandment 
Kroger, Disney+ Considering Partnership to Add Streaming Service to Grocery Delivery Program 
Nike SB, Converse Roll Out 2024 US and Japan Kits, Skateboarding Shoes 
KFC Japan Celebrates Children’s Day with Samurai Colonel Tradition 
Biden Administration Set to Finalize Stricter EV Tax Credit Rules 
Starbucks Reports Surprise Drop in Same-Store Sales; Shares Tumble 
DoorDash Faces Challenges as Shares Tumble After Earnings Forecast 
South Korea Pledges 5-Year Boost in Console Gaming Market Share 
Virginia Town of Marion Seeks Official Recognition as Birthplace of Mountain Dew 
Comcast Drops Bally Sports Channels, Stops Broadcast of MLB Team Games 
Microsoft Corporation was revealed to be in a discussion for its bid to purchase Discord, an instant messaging and digital distribution platform. It was said that the deal will cost the tech company over $10 billion if it completes the acquisition of the company. This information has been shared by sources who are familiar with the situation.
Search for possible buyers has commenced
In any case, Venture Beat reported that Discord has been exploring its sale and it has already reached out to potential purchasers. Microsoft is one of the leading candidates to acquire the firm, but it was clarified that there is no definite deal yet.
It was suggested that out of all those that expressed interest in buying Discord, Microsoft has already reached the final stage of the talks. However, the Washington-headquartered firm declined to comment on this matter.
As of December 2020, Discord was valued at about $7 billion. The company is most known as a platform where users set up groups and coordinate them for activities like virtual parties, gaming, and simple discussions.
On the other hand, Microsoft is looking to acquire social media platforms with numerous users to strengthen its gaming and entertainment business. It purchased LinkedIn for $26.6 billion in 2016, and the company is hoping to get its hand on Discord that will surely help in achieving its goal.
About Discord
As per The Wall Street Journal, Discord has more than 140 million users who log in every month. With this, the company was able to make $130 million in 2020.
The software is free to use for most of the users, so the company is only making money through its Nitro subscriptions. Users who subscribe can enjoy more advanced features when they use Discord, and this includes larger upload limits and higher resolution screen sharing.
Finally, Microsoft can gain more from the acquisition of Discord because the company’s profits last year nearly tripled, and this was only due to selling subscription access to exclusive perks for users. Since it has more functions, then it means it has the potential to earn more from the other things it can offer to the users.
Microsoft can do this through similar strategies used by the leading social media hangouts such as Twitter and Facebook. Microsoft can simply use ads to boost its earnings after acquiring Discord.
