Tagged: soundcloud

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Twitter has decided to pull out of talks to acquire, Soundcloud.

According to reports, the social network chose to let the exclusivity on talks deadline to pass without reaching an agreement because the numbers simply didn’t add up. The purchasing of the popular German service would have been Twitter’s biggest acquisition, as the messaging service seeks to diversify its revenue stream and stop the slowdown that has gripped user growth. Soundcloud was recently valued at $700 million. Twitter and Soundcloud had come together once before. In 2012,...