Twitter makes $70 million investment in music service SoundCloud

Twitter confirmed it had taken a stake in SoundCloud but did not provide any details about the investment. (Reuters) Twitter Inc has invested about $70 million in Berlin-based music service SoundCloud, technology website Re/code reported citing people familiar with the deal.
Twitter confirmed it had taken a stake in SoundCloud but did not provide any details about the investment.
“Earlier this year we made an investment in SoundCloud through Twitter Ventures to help support some of our ef