Tidal's acquisition by Block for over $300 million has seen a sharp decline in revenue, prompting significant layoffs and a scaling back of investments amid rising issues.
Block's directive to employees not to mention Jay-Z reflects internal tensions, especially with ongoing concerns about his connection to P. Diddy amidst Combs' legal troubles.
Dorsey’s management style now includes limiting employee questions in meetings, highlighting a shift towards an environment where internal concerns are not openly discussed.
Despite Dorsey's attempts to stabilize Block, Tidal's struggles reveal deeper issues that prompt skepticism about future investments and management strategies.
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