Tech
globalreutersNovember 8, 20241 Mins read
Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining
globalreutersNovember 8, 20241 Mins read Jack Dorsey’s Block is scaling back its investment in TIDAL, the music streaming platform once owned by Jay-Z, according to a shareholder letter on Thursday. Block is also shutting down TBD, a Bitcoin-focused arm of the business that previously set out to build a decentralized internet, dubbed “Web5.” These cuts will free up the company […]
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