Following a tumultuous week at Berlin-based music streaming service SoundCloud, which last week laid off 40 percent of its staff without warning, the company's chief exec has responded by saying "SoundCloud is here to say". Chance later followed up that he had a "fruitful conversation" with Ljung and that SoundCloudis "here to stay". "@SoundCloudis here to stay", he tweeted.
Here are the two tweets that are fueling speculation, as well as, the new track.
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After hearing the rumors the site could be going bankrupt, Chance took to his Twitter to let fans know he was "working on the SoundCloud thing".
There's a curious extra dimension to the drama involving Chance the Rapper.
In addition to the staff cuts, it is expect that offices in San Francisco and London will be closed with only the NY and Berlin headquarters remaining. 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.
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