#Jack Dorsey’s Square to acquire majority stake in JAY-Z’s TIDAL

#Jack Dorsey’s Square to acquire majority stake in JAY-Z’s TIDAL

“#Jack Dorsey’s Square to acquire majority stake in JAY-Z’s TIDAL” The company will pay $297 million in cash and stock for a “significant majority ownership stake.” Kevin Mazur/Getty Images For Roc Nation.   Financial services company Square, Inc., founded by Twitter CEO Jack Dorsey, will acquire “a significant majority ownership stake” of JAY-Z-led streaming service…

Read More
#Square buys majority stake in Tidal, adds Jay-Z to board

#Square buys majority stake in Tidal, adds Jay-Z to board

“#Square buys majority stake in Tidal, adds Jay-Z to board” Square has reached a deal with Jay-Z to take control of Tidal in an attempt to rejuvenate the struggling music streamer. The Jack Dorsey-led financial services firm will pay $297 million in cash and stock for a “significant majority ownership stake” in Tidal, which the…

Read More
#Jay-Z, Jack Dorsey launch fund to help develop bitcoin

#Jay-Z, Jack Dorsey launch fund to help develop bitcoin

“#Jay-Z, Jack Dorsey launch fund to help develop bitcoin” Rapper Jay-Z and tech mogul Jack Dorsey are launching a roughly $24 million fund to help develop bitcoin. The Brooklyn-born artist and the Twitter CEO are putting 500 bitcoin into an endowment called “₿trust,” Dorsey announced Friday. The fund’s mission is to make bitcoin “the internet’s…

Read More