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SoundCloud is saved with a new round of money

by Jason
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No problem.Image: NOAM GALAI/GETTY IMAGES We almost lost another great one. SoundCloud, an online network for sharing and enjoying music, had been crashing. The website was unable to pull in enough money to meet its costs. Last month, the company was forced to lay off 173 employees, which was about 40 percent of its workforce. The move caused an uproar, online. SoundCloud’s future appeared in serious doubt. Chance the Rapper, one of many artists who frequently uses the platform to share his work, tweeted that he was on the case. Just had a very fruitful call with Alex Ljung. @SoundCloud […]