The SoundCloud Twitter account also confirmed that they are not planning to go anywhere. "The music you love on SoundCloud isn't going away, the music you shared or uploaded isn't going away, because SoundCloud is not going away. Not in 50 days, not in 80 days or anytime in the foreseeable future".
TechCrunch reported on Wednesday, July 12, that SoundCloud executives allegedly informed staffers that the company only has enough cash to last "until Q4", which begins in 50 days. Despite laying off 40 percent of its staff, a spokesperson for SoundCloud said they are fully funded into the fourth quarter as they make changes to ensure the company's long-term viability. Chance later followed up that he had a "fruitful conversation" with Ljung and that SoundCloud is "here to stay". "@SoundCloud is here to stay", he tweeted.
Chance The Rapper Drops New Track To Save Soundcloud
Chance the Rapper just debuted a new track with Young Thug on music streaming service Soundcloud, amid rumors the site could be shutting down. "Your music is safe", he wrote. Exiting team members wanted to know why they weren't warned, while those who survived the cuts wanted assurance that the cost reductions would keep the company afloat for the long-run. The music you love on SoundCloud isn't going away, the music you shared or uploaded isn't going away, because SoundCloud is not going away.
Watch 'Marvel Powers United VR' Grant Superpowers to Mere VR Wearing Mortals
Interestingly, it also seems like players will have access to special abilities unique to the character they are playing. A new game called Marvel Powers United VR was recently announced for the VR device during the D23 Expo.