Twitter Tries Another Hail Mary Pass, Invests $70M in SoundCloud — Fortune

Despite repeated attempts to rejuvenate the service with new features and user-interface tweaks, Twitter’s share price has continued to slide inexorably down towards all-time lows over the past year. In that context, the news that Twitter has invested $70 million in audio file-sharing service SoundCloud feels like yet another Hail Mary pass. According to a…

via Twitter Tries Another Hail Mary Pass, Invests $70M in SoundCloud — Fortune

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