WASHINGTON (dpa-AFX) - Twitter CEO Jack Dorsey headed financial services company Square Inc. has held talks to acquire the music-streaming service Tidal, Bloomberg reported citing people familiar with the matter.
Dorsey has discussed a potential deal with Jay-Z, the rapper and music mogul who acquired Tidal in 2015. The talks may not result in a transaction, the report said.
Tidal was launched in 2014. It has struggled to keep pace with other streaming services, including Spotify Technology and Apple Music.
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