Tech Brew Ride Home Thu. 03/04 – Is Square Buying Tidal A Watershed Moment For The Creator Economy?
Mar 4, 2021
Square's acquisition of Tidal sparks debate: is it a game-changer for the creator economy or a risky move? Apple faces antitrust scrutiny while debuting a service that allows seamless photo transfers to Google. The podcast highlights the rise of internet traffic due to video streaming and the complexities of NFTs, including the opportunities and challenges for creators. Legislative changes in Arizona could reshape app payment rules, adding more tension to tech regulation discussions.
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Square's Tidal Acquisition
- Square's acquisition of Tidal, a music streaming service, is puzzling.
- It could be a strategic move in the creator economy, possibly involving NFTs and crypto.
Dorsey and Jay-Z's Friendship
- Jack Dorsey and Jay-Z are friends and have vacationed together.
- This personal connection might have influenced the Square-Tidal deal.
Watershed Moment for Creators
- Dare Obasanjo believes Square's acquisition of Tidal marks a shift in the creator economy.
- It signifies a move towards creators directly capturing value from their content.