Discord has walked away from acquisition talks with Microsoft, ending several weeks of negotiations, and will focus on its growth and a potential IPO. ... It's thought the popular communication app will instead focus on its own progress with a potential IPO in the future.

Is Discord still being bought by Microsoft?

Social-chat vendor Discord has decided to remain independent and is no longer talking about an acquisition by Microsoft or other potential suitors, according to a new report. The Wall Street Journal is reporting that Microsoft acquisition talks with Discord have ended and no buy is imminent.

Who currently owns Discord?

Discord CEO and co-founder Jason Citron can't talk about it — he's under non-disclosure agreements — but he did tell CNBC on Tuesday that there was more than a single offer for his internet chat start-up, which is turning into a much bigger communications phenomenon for voice, video and text.