Square buying streaming music service Tidal in $297 million deal
Square, primarily known for creating mobile payment hardware, will pay $297 million in a mix of cash and stock to buy Jay-Z's music streaming service, Tidal.
Square, primarily known for creating mobile payment hardware, will pay $297 million in a mix of cash and stock to buy Jay-Z's music streaming service, Tidal.
Consumer Reports compared five different platforms in the publication's first evaluation of mobile person-to-person payment systems, with Apple Pay Cash emerging the victor over segment rivals including Venmo and Square.
Apple is said to be working on its own peer-to-peer money transfer service, potentially under the secure Apple Pay umbrella, allowing users to quickly and securely send money to one another, much like Venmo and Square Cash.
Minutes after Apple Pay chief Jennifer Bailey offered a brief update on Apple's payments product at Re/code's Code Commerce conference, Square CEO Jack Dorsey on Tuesday announced immediate integration with Square Cash virtual cards.
Square on Tuesday released a new version of its Square Cash iPhone app, bringing the platform's quick money transfers to the Apple Watch.
Mobile payments service Square announced on Monday that businesses can begin accepting payments sent via Square Cash, an iPhone and Android app previously aimed exclusively at person-to-person transfers.
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