Twitter eyes SoundCloud purchase

(MENAFN) Twitter Inc. said it held negotiations with -based online music platform SoundCloud as the initial plans to a music service to its offering, according to Arab News. The microblogging site has weighed up deals worth billions of dollars and has also considered buying music-streaming service Spotify and Internet-radio provider Pandora Media, the newspaper said citing the people. SoundCloud is an audio platform that enables people to upload, record, promote and share their music. The company has aggressively expanded its capabilities to carry multimedia content. Last year, it acquired "We Are Hunted," a three person music streaming-startup from Australia.