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F|T: The FinTech Times - Real-time Rail wait-and-see

F|T: The FinTech Times – Real-time Rail wait-and-see
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page. ....

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Weekly Bytes | NASSCOM's 'AI Gamechangers' programme, Starlink orders open in India, and more

Weekly Bytes | NASSCOM’s ‘AI Gamechangers’ programme, Starlink orders open in India, and more
Updated:
Updated:
Here s our curated list of important tech news from this week in byte size.
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Here s our curated list of important tech news from this week in byte size.
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NASSCOM launches the AI Gamechangers programme
National Association of Software and Services Companies (NASSCOM) has launched the ‘AI Gamechangers’ programme, to promote artificial intelligence (AI) led innovation in India, with Microsoft as the ‘Innovation Partner’. The programme will serve as a platform for startups, enterprises, academia, governments, and NGOs to showcase their AI-based products and solutions. It will recognise innovators for their successful AI implementation at NASSCOM’s Xperience AI Summit. The entries will be judged o ....

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Square, Inc. Announces Plans to Acquire Majority Ownership Stake in Tidal

Square, Inc. Announces Plans to Acquire Majority Ownership Stake in Tidal
Friday, March 5, 2021 10:15AM IST (4:45AM GMT)
In connection with the deal, Square plans to name Shawn “JAY-Z” Carter to Board of Directors

San Francisco, United States:

Square, Inc. (NYSE: SQ) announced today that it has entered into a definitive agreement to acquire a majority ownership stake in TIDAL, the global music and entertainment platform that brings fans and artists together through unique music, content, and experiences. Square expects to pay a mix of cash and stock of $297 million for a significant majority ownership stake, and existing artist shareholders will be the remaining stakeholders. TIDAL will operate independently within Square, alongside the Seller and Cash App ecosystems. ....

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Square to acquire majority stake in music service Tidal for $297 million

Jay-Z has 99 problems but figuring out a buyer for his struggling music streaming service is no longer one. ....

Moshe Katri , Jack Dorsey , Cash App , Jay Z , மோஷ் கற்றி , பலா டோர்ஸி , பணம் செயலி , ஜெய் ஸீ ,

Square to Buy Majority Stake in JAY-Z's Tidal Music Streaming Platform for $297 Million

Square to Buy Majority Stake in JAY-Z’s Tidal Music Streaming Platform for $297 Million
Jack Dorsey said that the acquisition aims to extend the payments firm’s “purpose of economic empowerment” to musicians.
By Agence France-Presse | Updated: 5 March 2021 10:40 IST
Photo Credit: Facebook/ JAY-Z
Highlights
Tidal s owners include high-profile artists, including Madonna, Rihanna
Tidal has listeners in more than 56 countries
Digital payments firm Square said Thursday it was buying a controlling stake in the streaming music platform Tidal from a group led by rap star JAY-Z for $297 million (roughly Rs. 2,160 crores) in cash and stock.
The acquisition extends Square s purpose of economic empowerment to a new vertical: musicians, said a statement from the finance tech firm led by Jack Dorsey, who is also the chief executive of Twitter. ....

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