Cash-strapped SoundCloud gets new funds and top management
Video     Photos     Pakistan     World     Islam     Health     Crime     Islamic News     Business     Society     India     Travel     Middle East     Sport     sci/tech      Contact      RSS
Search
Most Popular (6 hours)

Shroud of doubt

- BBC Asia

Most Popular (24 hours)

Most Popular (a week)

dunyanews.tv
4 months ago

Cash-strapped SoundCloud gets new funds and top management

FRANKFURT (Reuters) - SoundCloud, the world s most popular streaming music app, but one that has struggled to find a profitable business model, said it received new funding on Friday, insulating it from potentially running out of cash this year.The company, which laid off 40 percent of its staff in July, said in a blog post that the financing was raised from media-focused investment bank Raine Group of New York and Singapore s sovereign wealth fund Temasek.It did not disclose the amount or its terms. Raine

Read on the original site


Shroud of doubt

- BBC Asia

Two commit suicide

- The News

28 cops reshuffled

- The News

Man found dead

- The News
Hashtags:   

Cash

 | 

strapped

 | 

SoundCloud

 | 

gets

 | 

new

 | 

funds

 | 

and

 | 

top

 | 

management

 |