Tuesday, May 20, 2014

Twitter Is Considering a Deal to Buy SoundCloud | Re/code

Meanwhile, as YouTube is rumored to be acquiring a game-streaming/viewing company...

"Twitter may try to buy its way out of its growth problem by making another move into music.

The company is considering a deal to acquire SoundCloud, the music and audio-sharing company, according to people familiar with both companies.

Berlin-based SoundCloud is a free service that lets users upload and share audio files around the Web; it likes to describe itself as the “YouTube for audio.” In October 2013, the company announced that it had 250 million users."
Update also from Re/code: Twitter Walks Away From SoundCloud Deal

Twitter Is Considering a Deal to Buy SoundCloud | Re/code

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