Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining | TechCrunch
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.
