Headline Details

Cash-strapped SoundCloud receives new funding; CEO to step aside

Published on: Fri, 11 Aug 2017 16:32:01 UTC
News Agency: Reuters
Description:
FRANKFURT (Reuters) - SoundCloud has received a "substantial" new round of investment, the company said on Friday, insulating the popular online music streaming service from potentially running out of cash later this year, after laying off 40 percent of its staff in July.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
South Africa's governing ANC to announce party leader on Sunday Reuters
Beijing evictions leave migrant workers in limbo as winter deepens Reuters
Peru's Kuczynski says will not resign over Odebrecht scandal Reuters
Australian abuse report calls for end to sanctity of confession Reuters
EU leaders to move Brexit to next stage BBC