Judge Tosses Block Shareholder Lawsuit Over ‘Terrible’ Tidal Purchase
Link: Judge Tosses Block Shareholder Lawsuit Over ‘Terrible’ Tidal Purchase by AP. Published 10 May 2023.
TIL: Jack Dorsey and Jay Z “summer” together. Which is nice.
Hard to tell whether this is incompetence or fraud, but basically Dorsey gave his mate Jay Z about 300 million dollars from Block for a stake in a streaming service that had been failing for 10 years.