Mobile Minutes: Twitter and SoundCloud; One Kings Lane acquired; Uber books helicopters; Snapchat and Oracle
Twitter has invested about $70 million in Berlin-based music service SoundCloud, technology website Re/code reported citing people familiar with the deal.
Bed Bath & Beyond said late Tuesday that it had acquired home furnishings seller One Kings Lane in a deal that pushes the big-box retailer further into the furniture and decorations category.
For commuters who imagine soaring above Sao Paulo's notorious traffic jams, ride-hailing app Uber is offering to make that daydream a reality, starting at around $20.
This time last year, Snapchat Inc. was the hot new thing in social-media advertising -- except that brands couldn?t tell if the promotions actually worked.