Square Is Buying Jay-Z’s Tidal Music Service for $300 Million

Peter Kafka, writing at Recode:

Here is the straight news headline: Square, the financial services company run by Twitter co-founder and CEO Jack Dorsey, is buying Tidal, the streaming music service founded by Jay-Z.

And here is the question you, a normal person, may have about this deal: WTF?

The answer, depending on how you’re inclined to look at deals between billionaires, could be intriguing, silly, or stupid. Maybe all of the above.

★ Saturday, 6 March 2021