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Tidal Partner With MTN Nigeria

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Tidal Partner With MTN Nigeria, GlitzEmpire

Artist-owned global music streaming and entertainment streaming platform, TIDAL, and leading Information and Communication Technology (ICT) Company, MTN Nigeria have announced a partnership deal that will enable MTN subscribers to receive free 30-day access to TIDAL services with include high-quality music, videos, concerts, interviews, and more from top artists across the globe.

Following TIDAL and MTN’s historic launch in Uganda in 2018, this partnership marks TIDAL’s continued expansion into the multi-genre world of African music. At the conclusion of the free trial offer, users can choose to subscribe to a range of plans from three days to one year depending upon the plan that aligns with their listening patterns:

  • 3 Day, Weekly, Monthly, 90 Day, or 1 Year Access Only
  • 3 Day, Weekly, or Monthly Access with Data

TIDAL is available in 53 countries, and we have over 60 million songs and over 250,000 high-quality videos in our catalog, offering passionate music fans both a premium and high-fidelity sound quality, along with original video series; podcasts; thousands of playlists curated by industry experts, music journalists, and artists; exclusive content; and unique experiences.

Srinivas Rao, Chief Digital Officer, MTN Nigeria said: ”MTN has always been supportive of local and upcoming artists. Our partnership with TIDAL is another footprint on how we continue to contribute to the growth of the music industry. We will continue to provide platforms like this that enable our customers to consume good music and connect with their favorite musicians.”

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Lior Tibon, COO at TIDAL said: ”TIDAL naturally generates a hub for creatives of all backgrounds to intimately share their art. This launch taps into a nation with both rising and established performers taking over the entertainment industry, and provides a forum for artists to exchange ideas and foster growth.”

TIDAL’s extensive music and video catalogue offers a diverse range of content – latest EP, documentary and in-depth article. TIDAL is the premier location for listeners to connect with their favorite musicians.

TIDAL has the commitment of artist-owners who believe in creating a more sustainable and practical model for the music industry. The artist-owners are Alicia Keys, Arcade Fire (Win Butler and Regine Chassagne), Beyoncé, Calvin Harris, Claudia Leitte, Clifford “T.I.” Harris, Coldplay, Daft Punk, Deadmau5, Jack White, Jason Aldean, J. Cole, Kanye West, Madonna, Nicki Minaj, Rihanna, Shawn “JAY Z” Carter, Damian Marley, Indochine, Lil Wayne, and Usher.

The post Tidal Partner With MTN Nigeria appeared first on GBAfrica.

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Uber pulls out of Tanzania – THE POST

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Uber pulls out of Tanzania – THE POST, GlitzEmpire

Ride-hailing company Uber has suspended its operations in Tanzania, citing a tough regulatory environment as the reason.

“The guide fare set by the Land Transport Regulatory Authority has posed significant challenges for systems like Uber to continue to provide services to our customers,” it said in a statement.

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Uber was was launched in Tanzania in 2016.

According to the regulatory authority’s director Gilliard Ngewe, Uber was not prepared to comply with its order that ride-hailing companies lower their service fee from 25% to 15%.

Mr Ngewe said that operators such as Bolt had complied.

source: BBC

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Elon Musk makes offer to buy Twitter – THE POST

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Elon Musk makes offer to buy Twitter – THE POST, GlitzEmpire

Tesla boss Elon Musk has offered to buy Twitter, saying he is the right person to “unlock” the social media platform’s “extraordinary potential”.

In a surprise announcement, Mr Musk said he would pay $54.20 a share for Twitter, valuing it at about $40bn.

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It recently emerged that Mr Musk was Twitter’s biggest shareholder after he built up a large stake in the firm.

He said that if his offer was not accepted: “I would need to reconsider my position as a shareholder”.

Mr Musk also said that if the board of directors at Twitter chose to reject the offer, it would be “utterly indefensible not to put this offer to a shareholder vote”.

“They own the company, not the board of directors,” he wrote. tweet.

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Twitter’s share price rose jumped by 5.3% to $48.32 in early trading, before falling back to more than $46.20 later on.

A filing with the US financial regulator appeared to show text and/or voice messages from Mr Musk to Twitter’s board, showing that he had raised the idea at the weekend that the business should go private.

Mr Musk had been invited to join the board, but Twitter announced on Sunday he had decided against it.

In the messages published in the filing, Mr Musk said he was not “playing the back-and-forth game” and said of his offer: “It’s a high price and your shareholders will love it.”

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He said he would have to sell his shares if the deal did not go through.

“This is not a threat, it’s simply not a good investment without the changes that need to be made,” he added.

Victoria Scholar, head of investment at Interactive Investor, said: “This is a deeply hostile move from Elon Musk who has threatened to ‘reconsider’ his 9.2% stake in the company if his 100% acquisition offer is rejected.”

In his filing with the US Securities and Exchange Commission, Mr Musk said he had invested in Twitter because “I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.

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“However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.”

He added: “Twitter has extraordinary potential. I will unlock it.”

Twitter said its board “will carefully review the proposal to determine the course of action that it believes is in the best interest of the company and all Twitter stockholders”.

Mr Musk is the world’s richest man, according to Forbes magazine, with a net worth of $219bn mostly due to his shareholding in electric vehicle maker Tesla. He also leads the aerospace firm SpaceX.

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Dan Ives, senior equity research analyst at Wedbush Securities, said Twitter will either be forced to accept Mr Musk’s bid or find another buyer.

He said: “There will be host of questions around financing, regulatory, balancing Musk’s time (Tesla, SpaceX) in the coming days but based on this filing it is a now or never bid for Twitter to accept.

“Ultimately, we believe this soap opera will end with Musk owning Twitter.”

Twitter had offered Mr Musk a seat on its board after it emerged that he held a 9.2% stake in the company.

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The role was set to become effective last weekend but then Mr Musk decided against taking it.

On Monday, Twitter’s chief executive Parag Agrawal had tweeted that he thought the decision by Mr Musk not take a seat on the board was “for the best”.

He added: “We have and will always value input from our shareholders whether they are on our board or not. Elon is our biggest shareholder and we will remain open to his input.”

Though he also warned staff: “There will be distractions ahead.”

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After that announcement, Mr Musk posted a cryptic tweet of smiling emoji with its hand over its mouth.

Mr Musk has already given a hint of the things he would like to change at Twitter.

He has suggested changes to the Twitter Blue premium subscription service, which was launched last year in Canada and Australia, including slashing the price, banning advertising and giving users the option of paying the monthly fee with the cryptocurrency, dogecoin.

Mr Musk also asked his 81 million followers on Twitter whether the company is “dying” and if its headquarters should be turned into a homeless shelter.

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source: BBC

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