141 days ago • Posted by William Ramstein

Square wants to buy Jay-Z's Tidal

Square who is down -4.51% today expressed wanting to buy Tidal, Jaz-Zs music streaming business. Square is looking to diversify after they made a mountain of cash this year. Tidal has not seen very much success relative to its competitors in recent times and is more expensive too. CEO Dorsey might simple be looking for a platform to build off of with a name brand recognition that comes with it. This is a similar deal to Apple buying Beats by Dre. Source: MarketWatch