The Morning After: Weekend Edition
Reset the clock.SoundCloud isn’t shutting down just yet
After a crucial vote, SoundCloud secured $170 million in funding and will continue to operate. Going forward it has a new CEO, Kerry Trainor (formerly of Vimeo), as former CEO and founder Alex Ljung takes the position of chairman. Said Ljung, “This financing means SoundCloud remains strong, independent and here to stay. As I said, we’re not…