Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining ...Middle East

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Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining
source : tech crunch ( Middle East ) () 43
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 […] © 2024 TechCrunch. All rights reserved. For personal use only.

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