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Jun
18

Twitter Supports Investment in SoundCloud

soundcloud

 

Twitter Inc has invested about $70 million.The investment was supported by twitter, but didn’t provide any financial details.

A platform that empowers individuals to upload and share music and other audio files, SoundCloud, additionally affirmed that the investment had been made by Twitter.

Twitter’s investment was part of a financing round anticipated to be the Re/code report said.

The microblogging website has previously tried to make a foray into music with the start of Twitter Music in 2013, which was closed a year after. At the time, the firm said that it’d try to find new means to bring music established content to the service.

by admin on June 18th, 2016 in social
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