Sources, Twitter has music SoundCloud service from Berlin to invest 70 million dollars.
Twitter confirmed the deal, but did not disclose the financial terms. Twitter CEO Jack Dorsey said: "earlier this year, our SoundCloud through Twitter Ventures made an investment in support of our initiatives on the creator.
SoundCloud platform to help users upload and share music and other audio files.
The company's investments also confirmed that Twitter.
Twitter's alleged SoundCloud investment round of $100 million in financing as part of this round of financing valued at about $700 million on SoundCloud. In 2013, the Twitter launched Twitter Music, trying to enter the music market. However, Twitter Music closed a year after it is launched. Twitter says will explore new ways to integrate music-based content to their services.
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