Microsoftreportedly tried to acquire Pinterest in recent months, people familiar with the matter toldThe Financial Times.

However, the talks about a possible takeover are currently not active.

Pinterest is an online pinboard platform with a market cap of $53.96 billion.

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Its unclear as to why the acquisition talks between Microsoft and Pinterest have been stalled.

Neither of the parties have commented on the report.

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source: www.techworm.net