Twitter Faces $550 Million in Lawsuits Over Copyright Infringement and Jack Dorsey's Extravagant Bar Tab.

A lawsuit brought by Block shareholders against Jack Dorsey alleged that his acquisition of Tidal, Jay-Z's music streaming service, was nothing more than a "$300 million bar tab to hang out with Jay-Z." The claim was that the idea for Block's acquisition of Tidal came while Dorsey was "summering" with Jay-Z in the Hamptons. The recent legal battle ended in defeat for shareholders, with the Delaware judge overseeing the case ruling against them, leaving Block and Dorsey in the clear, despite the deal being branded as "a $300 million bar tab to hang out with Jay-Z."