Update, Tuesday, 3:36 pm: Twitter reportedly decided against the purchase, more here.
SoundCloud might become part of Twitter, according to new information reported by Recode.
“People familiar with both companies” say Twitter is thinking about buying the audio hosting platform.
At the end of 2013, SoundCloud said they had 250 million users. In January 2014, SoundCloud was valued at $700 million.
Both Twitter and SoundCloud declined comment.
SoundCloud has been cleaning up their platform and adding features to their stats view. They recently announced that they are deleting “old SoundCloud”, which has existed in tandem with their current platform.