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Twitter casts eye on SoundCloud - report

Tuesday 20 May 2014 | 10:52 CET | News
Twitter is mulling the acquisition of SoundCloud, a music and audio-sharing provider, Recode.net reported, citing people familiar with both companies. SoundCloud, based in Berlin, calls itself the "YouTube for audio". The free service lets users upload and share audio files around the web. The company said in October that it had 250 million users. Earlier this year, SoundCloud announced a USD 60 million funding round that valued the company at USD 700 million. Last year, Twitter launched a stand-alone Twitter Music app, but the service never took off, and Twitter killed the app in March. The

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Categories: Internet / Mobile & Wireless
Companies: SoundCloud / Twitter
Countries: World
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