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Report: Twitter Mulling Acquisition of SoundCloud
Report: Twitter Mulling Acquisition of SoundCloud
http://rack.2.mshcdn.com/media/ZgkyM...witter-ipo.jpghttp://rack.3.mshcdn.com/assets/feed...013aed8d66.jpghttp://rack.1.mshcdn.com/assets/feed...3b7fd07c38.jpg Twitter may be considering what could be its biggest acquisition yet. Peter Kafka at Re/code reports that Twitter is mulling a deal to buy SoundCloud, a popular online community for sharing and discovering music. The deal is described as being tentative, at best. A rep for SoundCloud declined to comment on the report. Twitter could **t immediately be reached for comment. See also: The Beginner's Guide to SoundCloud SoundCloud was founded in Berlin in 2007 and has more than 250 million users. The company has raised well over $100 million in funding and is reportedly valued at $700 million. Twitter has shown an interest in the music space before, launching its own Twitter Music app, which proved to be a flop. SoundCloud files already integrate into the social network through the use of Twitter Cards. Read more... More about Twitter, Soundcloud, and Businesshttp://feeds.feedburner.com/~r/Mashable/~4/Sc_vcz57ZWA |
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