Twitter makes $70 million investment in music service SoundCloud - Re/code

(Reuters) - Twitter Inc has invested about $70 million (£50 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 efforts with creators," Twitter chief executive Jack Dorsey said.