Twitter invests $70 million in SoundCloud: Re/code

(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 the investment, but did not provide any financial details. "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.

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