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

Advertisement

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

Advertisement

Advertisement

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

Developing...

NOW WATCH: Mark Cuban explains why downloading Snapchat is a huge mistake