Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...

The skies of Lucid Blocks are dark and cloudy even by day, inasmuch as ‘day’ means anything in the game. There is one major ...

Block, Inc. (XYZ) just delivered a "good" quarter, and the stock is up over 15% following news of a historic 40% headcount reduction. Yes, gross profit accelerated, and there is some encouraging news ...

It was the combination of "layoffs" and "artificial intelligence" that stoked broader concern for an AI-driven shock to the labor market, leaving many to wonder whether Jack Dorsey's payments company ...

Block announced it will lay off 40% of its workforce as it shifts focus toward expanding its use of artificial intelligence. CEO Jack Dorsey said the company remains financially strong but believes AI ...

On November 19, Block Inc. held its first Investor Day in three years. Jack Dorsey, the company’s cofounder, chief executive, and “Block Head,” took to the stage and summarily posed what many ...