The ink has dried on a deal that will save SoundCloud for the immediate future, while forcing Alex Ljung to resign as CEO.
SoundCloud CEO Alex Ljung Steps Down as Part of Acquisition
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Alex Ljung
Alex Ljung: “SoundCloud is Not Going Away”
In light of the media circus that emerged around SoundCloud last week, company co-founder Alex Ljung has issued an official statement.
Under a Cloud: SoundCloud Lays Off 40% of Staff
SoundCloud’s ongoing financial woes have forced its owners to make a controversial decision.