Rumor of the day: SoundCloud is looking for a buyer
Rumors have it, that SoundCloud wants to sell for $1 billion. According to sources familiar with the case, the owners have trouble to sell for that price. As always, nobody who’s mentioned to be involved felt like commenting on the story.
Windeln.de fires 100 people
The Munich-based shopping for all kinds of baby items platform windeln.de‘s shares felt from €18 in May 2015 to below €4 in July 2016. Reason for that is also the Chinese business that didn’t take off as hoped. To reduce costs the company now cuts 100 jobs, which means 22 per cent of the company leave the team.
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