Square, the company that makes those little portable payment machines you use when you're in a small restaurant or paying for a caricature, is buying Tidal, that music streaming service that's obsessed with audio quality. If it seems like an odd match, consider that musicians often need to get paid in non-traditional ways—that's how it's being pitched in the official announcement, anyway.
The prospective purchase will cost Square $297 million in a mix of cash and stock, with the company owning a "significant majority" of the streaming service.
Read MoreSquare just bought Tidal and your guess is as good as ours as to why was written by the awesome team at Android Police.
04/03/2021 04:23 PM
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