Mobile payments company Square is buying a “significant majority” stake in music streamer Tidal for $297M; Jay-Z and others bought Tidal in 2015 for $56M
Mediagazer presents the day's must-read media news on a single page.
The media business is in tumult: from the production side to the distribution side, new technologies are upending the industry. Keeping up with these changes is time-consuming, as essential media coverage is scattered across numerous web sites at any given moment.
Mediagazer simplifies this task by organizing the key coverage in one place. We've combined sophisticated automated aggregation technologies with direct editorial input from knowledgeable human editors to present the one indispensable narrative of an industry in transition.
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Wayne Ma / The Information:
Sources: Tim Cook brokered a secret five-year deal with China in 2016, paving the way for Apple's success by promising to invest $275B+ in the country's economy
Richard Lawler / The Verge:
An AWS outage that began around 10:45am ET has led to disruptions for many services including Disney+, Tinder, Roku, Coinbase, Cash App, Amazon Music, and Venmo
Zac Hall / 9to5Mac:
Twitter acquires messaging app Quill, which will shut down and delete all user data on December 11 after launching in February to challenge Slack
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