Apple in talks with Jay Z to buy Tidal

Apple Inc. is in preliminary talks to buy Tidal, the musicstreaming service largely owned by musician Jay Z, the Wall Street Journal reported, citing unidentified people familiar with the discussions. Tidal has endured a troubled year since Jay Z bought its parent company for US$56 million in March 2015. The entrepreneur has accused Tidal’s Norwegian seller, Schibsted ASA, of overstating subscriber numbers.