CNN May Buy Mashable Social Media News Website

According to Reuters,  CNN is in talks to buy social media news site Mashable for more than $200 million, according to a source familiar with the discussion.

CNN spokeswoman Christa Robinson, commenting on the Mashable reports said: “We do not engage in speculation about our business and we aren’t commenting on these reports.”

Haven’t heard of Mashable?  Mashable is the largest independent online news site dedicated to covering digital culture, social media and technology. With more than 20 million unique monthly visitors, Mashable has one of the most engaged online news communities. Founded in 2005, Mashable is headquartered in New York City with an office in San Francisco.