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SoundCloud sinks as leaks say layoffs buy little time

A tense scene unfolded yesterday as user-generated, music-streaming service SoundCloud held an all-hands meeting to explain to employees why it suddenly had to lay off 40 percent of its staff last week. Exiting team members wanted to know why they weren’t warned, while those who survived the cuts wanted assurance ...

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Snapchat bought the AR location intellectual property of startup Drop

Snap Map is Snapchat’s plan to tie together its online content with ways to augment your offline reality, and it’s got the patent to back it up. Augmented reality location startup Drop tells TechCrunch that Snap Inc. acquired its intellectual property in 2015, including its “Location-based messaging” patent. In 2013, Drop developed ...

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Stem raises $8M to get music artists paid more seamlessly

While music streaming has become more and more commoditized, artists still have a wide array of places to distribute their songs like Spotify, YouTube and Apple Music — but getting paid properly can start to complicate things. That problem gets even more difficult when there are multiple people collaborating on ...

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