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Posts Tagged ‘SoundCloud’

Twitter walks away from SoundCloud deal

Twitter walks away from SoundCloud deal

Tweet You may have heard that Twitter was looking into buying SoundCloud, the music and audio-sharing company that’s been called the YouTube of audio. Well, a source tells Re/code that the deal is dead.the deal is dead. Twitter apparently let a negotiating window expire and now the talks are off. The German-based SoundCloud back in October claimed to have a whopping 250 million users. And if Twitter were to buy it, it probably wouldn’t have come cheap. They valued the company not long ago at around $700 million. Oh well, the deal is off now so it doesn’t matter.

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