Is Jack Dorsey Playing Jay-Z, or Is Jay-Z Playing Jack Dorsey?

Here’s what the surprise Square acquisition of Tidal is really about

Twitter CEO Jack Dorsey testifies remotely during a hearing to discuss reforming Section 230 of the Communications Decency Act with big tech companies on October 28, 2020 in Washington, DC. Photo: Greg Nash/POOL/AFP/Getty Images

In a deal that basically no one was anticipating, payment service Square announced yesterday that it will acquire a majority stake in Tidal, the music-streaming platform co-owned by Jay-Z, for $297 million in cash and stock. Square CEO Jack…