Maybe this is what that Hamptons meet-up was about.
Square CEO Jack Dorsey has held talks with Jay-Z about his payments firm acquiring Tidal, …
Maybe this is what that Hamptons meet-up was about. Square CEO Jack Dorsey has held talks with Jay-Z about his payments firm acquiring Tidal, the Brooklyn-born rapper’s music streaming service, a new report says. Dorsey — the co-founder and CEO of Twitter — is interested in taking over Tidal in an effort to diversify Square’s business, Bloomberg News reported Wednesday, citing an unnamed source familiar with the situation. It’s unclear how much the Cash App parent is willing to pay for Tidal — which has struggled to compete with larger rivals Spotify and Apple Music — and the discussions may not lead to a deal, the outlet reported Wednesday.
