In the five-year period leading up to its all-time high in August 2021, shares of Block (NYSE: XYZ) were up an astonishing ...

Welcome back to Week in Review! Elon Musk says that xAI bought X in an all-stock deal; a16z-backed 11x faked some customers; ...

The previous owner of X says the mass job losses are not for financial reasons or because of greater use of AI ...

Block, the financial technology company that operates Cash App, Tidal and Afterpay, is laying off about 10% of its Atlanta-area workforce.

A quarter of treasury managers at S&P 500-listed firms will have added Bitcoin to their firm’s balance sheets by 2030, driven ...

In addition to the layoffs, Block will close 784 open positions, except for a few critical roles or positions where candidates have already reached advanced stages in the hiring process. Dorsey ...

This structured approach not only highlights the methodical nature of the layoffs but also serves to reassure remaining employees that these actions are carefully considered and justified. The ...

While I’m never glad to see layoffs, Jack Dorsey’s email to Block, the fintech firm he founded as Square, announcing the ...

X, Elon Musk's social media platform, has been acquired by xAI, his artificial intelligence company, in a deal that values X ...

ST. LOUIS — The financial services firm Block, formerly known as Square Inc., has laid off 67 Missouri workers. According to ...

Jack Dorsey's company Block is cutting 931 employees, 8% of its workforce, for strategy, performance, and restructuring.