Monday, December 11, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Upcoming Samsung QLED TVs Could Have LG Panels Inside
LG Electronics Applies For Iris Recognition Patent For Mobiles
HP Patches New Keylogger Software in its Laptops
DVD6C Lowers Royalty Fees for DVD Players
LG Tests LTE-based Safety Technology for Connected, Self-driving Cars
Apple Said To Buy Shazam
Intel Uses Cobalt Interconnect for 10nm, Global Foundries Detail EUV Lithography for 7nm
LG Display Starts OLED Light Panel Production
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Twitter...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, June 15, 2016
Twitter Invests $70 million in SoundCloud


Twitter has made an investment in SoundCloud that could help the Berlin-based music-streaming service with building up its recently launched subscription service.

Twitter had previously considered acquiring the company, which allows users to upload and share audio files, before backing out of talks in 2014.

"We can confirm that Twitter has made an investment," SoundCloud said in a statement Wednesday. It said it will use the money to "continue the global roll-out of many company initiatives such as our recently launched subscription service, SoundCloud Go."

The company declined to specify the sum of the Twitter investment, which was made through its venture arm Twitter Ventures, but Recode earlier reported it was around $70 million.

SoundCloud has a massive user base but it had been under increasing pressure to develop a paid service after failing to turn its reach into sustainable revenue streams.



Previous
Next
AMD To Release Polaris 10 And Polaris 11 GPUs        All News        Toshiba Develops High-Speed MTJ Element for Non-Volatile STT-MRAM For 2X nm Generation Transistors
Youtube Introduces New Video Ad Tools For Businesses     General Computing News      Toshiba Develops High-Speed MTJ Element for Non-Volatile STT-MRAM For 2X nm Generation Transistors

Get RSS feed Easy Print E-Mail this Message

Related News
Twitter Now Allows you to Tweet 280 Characters
Twitter Employee Deactivated Trump's Account
Twitter Reports Profit For the First Time As Sales and User Grow
Twitter to Show Who Pays for Ads
Twitter's Disclosures About Russia-linked Accounts are not Enough, U.S. senator Says
Twitter is Testing 280-character Tweets
Twitter Allows Account Sharing
Twitter Struggles to Attract New Users
Twitter Lets you Mute Notifications From Unknown Accounts
Facebook, Microsoft, Twitter and YouTube Team Up To Counter Terrorism
Twitter Makes Changes to its Website, Mobile Apps
SoundCloud Comes to Xbox One Today

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .