Twitter invests $70 million in music streaming service SoundCloud

According to Twitter CEO Jack Dorsey, the company now owns a stake in SoundCloud.
Micro-blogging website Twitter has invested $70 million in popular music streaming service SoundCloud, a move that may push Twitter’s stalled growth and engagement with its over 300 million users.
According to a Re/Code report, “Twitter has invested around $70 million in the music service, as part of a round that should end up in the $100 million-range.”
Nearly two years ago, the micro-blogging s