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Block Bulls Charge Into Q3 As Cathie Wood Sells, Dorsey Restructures
Thursday, November 7, 2024 - 10:13am | 720Block Inc (NASDAQ:SQ) will be reporting its third-quarter earnings on Thursday. Wall Street expects 87 cents in EPS and $6.24 billion in revenues when the company reports after market hours. The stock is up 52.09% over the past year and 7.5% year-to-date. In the lead-up to Block’s third-...
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Block CEO Jack Dorsey Announces Another Round Of Layoffs At Tidal
Thursday, October 31, 2024 - 4:47am | 487Jack Dorsey, the CEO of Block Inc. (NYSE:SQ), has announced a fresh wave of layoffs at the music streaming service Tidal, which Block owns. What Happened: Dorsey informed Tidal employees on Wednesday that the company will undergo another significant round of layoffs, reported Fortune. The CEO...
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Jack Dorsey Announces Sweeping Layoffs At Block, Impacting Tidal, Square, And Cashapp
Thursday, December 7, 2023 - 3:35am | 512In recent news, Block, the parent company of Tidal, Square, and CashApp, is preparing for another wave of job cuts, as confirmed by CEO Jack Dorsey. What Happened: Business Insider reported on Dec. 6, 2023, that Dorsey had shared with staff in a letter that the company would be undertaking “...
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Despite Facing Enormous Hurdles In US, TikTok Prepares To Fight Spotify, Apple Music
Wednesday, July 19, 2023 - 1:58am | 543ByteDance-owned Tiktok, despite encountering significant obstacles in the United States., has been gearing up to take on Spotify Technology S.A. (NYSE:SPOT), Apple Inc. (NASDAQ:AAPL) Music, and Tidal in a fierce battle for music streaming supremacy. What...
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Jack Dorsey's '$300 Million Bar Tab' To Rub Shoulders With Jay-Z Results In Lawsuit
Wednesday, June 14, 2023 - 8:50am | 811Many people assume that Twitter was the reason for Jack Dorsey’s impressive fortune, but that actually isn’t the case. When Elon Musk acquired Twitter in October 2022 for $44 billion, Dorsey held a modest 2% ownership of the company’s outstanding equity, equivalent to...
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Tesla EVs Now Support Square-Owned Tidal Music Streaming Service
Wednesday, November 3, 2021 - 3:25am | 377Tesla Inc (NASDAQ: TSLA) is rolling out a new music streaming option Tidal in its electric vehicles after the latest software update, Electrek reported on Tuesday, citing app notes. What Happened: The Norwegian subscription-based music, podcast and video streaming service that offers audio and...
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Fintech Focus For June 30, 2021
Tuesday, June 29, 2021 - 5:28pm | 1728Quote To Start The Day: “It ain’t what you don’t know that gets you in trouble. It’s what you know for sure that just ain’t so.” Source: Mark Twain One Big Thing In Fintech: [D]oes the success of BNPL spell doom for the $3tn credit card industry? A new report by...
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Fintech Focus For March 5, 2021
Thursday, March 4, 2021 - 6:41pm | 1896Quote To Start The Day: We can do anything we want to if we stick to it long enough. Source: Helen Keller One Big Thing In Fintech: Square, a fintech company that serves both individuals and companies, announced that it has purchased a majority stake in Tidal, a music streaming service. The deal,...
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Turtle Beach Has Gaming Headphone Market, Wants Music Listeners Too In Tidal Partnership
Thursday, September 19, 2019 - 12:18pm | 389Gamers who care a lot about how their sound environment, and music listeners particular about the aural quality of their tunes may have some overlap. If so, a new partnership could be good for a leading gaming headset maker and a streaming service facing new competition as both try to sound good to...
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A Look At Banco Santander Through Benzinga's Securities Lending Volatility Index
Wednesday, May 15, 2019 - 11:20am | 410Benzinga’s Securities Lending Volatility Index (SLVX) Powered by Tidal Markets, is an indicator that forecasts stock market activity for broader indices and individual securities. To demonstrate the use of the SLVX as a stock market indicator, we show how changes in the SLVX predicted a -5....
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9 Best Monthly Subscriptions You Can Try For Free
Sunday, July 9, 2017 - 7:03pm | 713There may be no such thing as a free lunch, but a number of big-name subscription service providers are offering extended free trials to get customers to take their services for a spin. In this case, the lunch is totally free, assuming you remember to cancel your subscription before the trial...
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What If Forbes' 5 Richest Rap Moguls Merged Their Media Empires?
Saturday, June 3, 2017 - 9:15am | 668Forbes recently released its annual list of the five wealthiest hip-hop moguls in the world. Some familiar names topped this year’s list, with Sean “Diddy” Combs taking the top spot with a net worth of $820 million. Shawn “Jay Z” Carter was a close second with a net...
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Statistics Show Music Streaming Is Now Too Big To Fail...For The Music Industry
Sunday, April 9, 2017 - 11:07am | 429A new report from Statista suggests the music streaming business is now too big to fail. This assertion was made after the world’s largest music streaming service Spotify, secured a new multi-year licensing deal with the world’s largest record label, Comcast Corporation (NASDAQ: CMCSA)...
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Jay Z Goes From MC To VC With New Fund Launch
Wednesday, February 22, 2017 - 9:30am | 398Music icon Jay Z has found his new calling: leading a venture capital fund. According to Axios, Jay Z is launching a venture capital firm along with his longtime business partner Jay Brown. The two are currently looking for a full-time investment partner to come on board and are also partnering...
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Following Sprint Stake, How Does Jay Z's Tidal Investment Rank Among Hip Hop's Biggest Deals?
Thursday, January 26, 2017 - 9:37am | 415Hip hop might not be dead yet. Sprint Corp (NYSE: S) recently announced a equity stake in Jay Z's streaming service Tidal, reportedly paying $200 million for a 33 percent stake, valuing the company at $600 million. The acquisition by Sprint sits as one of the biggest hip-hop deals ever. As part of...