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Digital payments firm Square said on Thursday that it was buying a controlling stake in the streaming music platform Tidal from a group led by rap star Jay-Z for $297 million in cash and stock.
A statement from Square, the finance tech firm led by Jack Dorsey, who is also the chief executive of Twitter said, “The acquisition extends Square’s purpose of economic empowerment to a new vertical: musicians”
“It comes down to one simple idea: finding new ways for artists to support their work,” said Dorsey.
“New ideas are found at intersections, and we believe there’s a compelling one between music and the economy.”
WhatsApp has added voice and video calls features to its desktop application for Mac and Windows operating systems. The Facebook-owned instant messaging service announced this on Thursday in a statement […]
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