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Tidal Acquired by Square

36 pointsby rukshnabout 4 years ago

2 comments

bluedevil2kabout 4 years ago
&gt; Why would a music streaming company and a financial services company join forces?!<p>That&#x27;s a good question and one that is poorly answered in his subsequent tweets. Seems like they&#x27;re very different businesses without much overlap and if I was a Square shareholder I&#x27;d be upset that they&#x27;re buying a music streaming business, especially one that&#x27;s not even one of the top 3 streaming services. If Spotify bought Stripe or PayPal, we&#x27;d have questions about that too (yes, PayPal is too big to buy but go with the idea).
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tareqakabout 4 years ago
Also discussed here: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=26342020" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=26342020</a>