Twitter CEO Jack Dorsey's payments-processing company Square on Thursday agreed to buy a majority ownership stake in Tidal, a music streaming service owned by rapper Jay Z, for $297 million (R4.5 billion) in cash and stock.

We live in a world where facts and fiction get blurred

In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.

Subscribe to News24

Next on Fin24

Daniel Mantsha stands behind kicking out board members during his time as Denel chair

2h ago

WATCH | Jack Dorsey's Square acquires Jay-Z's Tidal for R4.5 billion