Twitter has invested $70m in music streaming service SoundCloud

June 14, 2016 8:41 PM

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Twitter has invested $70m in music streaming service SoundCloud

Tech giant Twitter invested $70m in music streaming service SoundCloud earlier this year it has been revealed.

The social media network bought the stake as part of a round that would value SoundCloud at about $700m, tech website Recode has reported.

Also read: A Lesson for Tech Giants: With Great Power Comes Great Responsibility

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