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Not many heads turned when Jack Dorsey and Jay-Z were spotted hanging out in the Hamptons this past August. However, now, there’s much talk about Dorsey’s Square, Inc. reportedly acquiring Jay-Z’s music streaming service Tidal. According to Bloomberg, negotiations are being held to push for diversity for the platform. The music mogul acquired Tidal for $56 million in early 2015, and an unidentified source believes the sale to be imminent. Currently, Tidal struggles to outpace or even keep up with other music-streaming services. Its main draw, besides Hov’s extensive catalog, is its exclusive access to runway shows, the RapRadar podcast, and other live stream series. Still, it hasn’t gained massive popularity like Spotify and Apple Music. View this post on Instagram A post shared by TIDAL (@tidal) Bloomberg reports that Dorsey’s intentions are to develop several stand-alone brands under the Square umbrella. As a result, if Square acquires Tidal, it will only help broaden the...
Twitter and Square CEO Jack Dorsey has his sights set on Africa. The tech big name announced his plans to move to Africa in 2020 via Twitter. Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!). Not sure where yet, but I’ll be living here for 3-6 months mid 2020. Grateful I was able to experience a small part. 🌍 pic.twitter.com/9VqgbhCXWd — jack (@jack) November 27, 2019 “Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!),” Dorsey tweeted. “Not sure where yet, but I’ll be living here for 3-6 months mid 2020.” Dorsey had been visiting Ethiopia for a business meeting with entrepreneurs and cryptocurrency professionals. His trip to Ethiopia was not Dorsey’s first trip to Africa. According to his Twitter account, Dorsey has been touring the continent making stops in Nigeria, Ghana, and South Africa, before heading to Ethiopia for bitcoin and blockchain talks. Based on Dorsey’s Twitter...