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Title    Soundcloud is Not Dead Yet
Date    Saturday August 12, @11:15PM
Author    takyon
Topic   
from the Netcraft-unavailable-for-comment dept.
https://soylentnews.org/article.pl?sid=17/08/12/2210239

tonyPick writes:

According to Techcrunch, Soundcloud has secured the emergency funding which will allow the service to survive:

SoundCloud has just closed the necessary funding round to keep the struggling music service afloat. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him. Mike Weissman will become COO as SoundCloud co-founder and CTO Eric Wahlforss stays as chief product officer.

Further coverage at Ars Technica and BBC News.

Soundcloud's layoff of 40% of staff and the subsequent rumours of a collapse have been covered here before.


Original Submission

Links

  1. "tonyPick" - http://hackingonspace.blogspot.co.uk/
  2. "Soundcloud has secured the emergency funding" - https://techcrunch.com/2017/08/11/soundcloud-saved/
  3. "Ars Technica" - https://arstechnica.com/information-technology/2017/08/embattled-soundcloud-gets-170-million-lifeline-new-ceo/
  4. "BBC News" - http://www.bbc.co.uk/news/technology-40907724
  5. "layoff of 40% of staff" - https://soylentnews.org/article.pl?sid=17/07/07/0226254
  6. "rumours of a collapse" - https://soylentnews.org/article.pl?sid=17/07/15/0034217
  7. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=21726

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printed from SoylentNews, Soundcloud is Not Dead Yet on 2017-10-19 03:23:08