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Twitter invested 'around $70 million' in music-streaming service SoundCloud, report says

Jun 15, 2016, 01:26 IST

Twitter invested "around $70 million" in music-streaming service SoundCloud, according to Recode's Peter Kafka and Kara Swisher.

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The investment was part of a new round that will reportedly value the streaming service somewhere in the neighborhood of $700 million.

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