Rumors of an attempted acquisition of SoundCloud by Twitter may have never come to fruition, but that doesn't mean the two weren't working on something. Now there's confirmation that the tech companies are indeed aligned: Twitter made a $70 million USD investment in the streaming music site through Twitter Ventures earlier this year. In the end, the deal is expected to amount to about $100 million USD in all, thus increasing SoundCloud's valuation to around $700 million USD. Said a SoundCloud re...
Rumors of an attempted acquisition of SoundCloud by Twitter may have never come to fruition, but that doesn't mean the two weren't working on something. Now there's confirmation that the tech companies are indeed aligned: Twitter made a $70 million USD investment in the streaming music site through Twitter Ventures earlier this year. In the end, the deal is expected to amount to about $100 million USD in all, thus increasing SoundCloud's valuation to around $700 million USD. Said a SoundCloud re...
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