In cutting nearly 40% of its workforce, Block loudly professed that the days of AI taking the jobs of humans has arrived.

Block shares soared more than 20% in premarket trading on Friday after it announced it would nearly halve its workforce as ...

While Jack Dorsey cites AI-enabled productivity gains as the reason for Block's cuts, the deeper shift is in payments plumbing: stablecoin settlement threatens to compress the fee stack that fintech ...

Jack Dorsey’s Block, the financial tech company that runs Square and the Cash app, is cutting its workforce by “nearly half” ...

Earnings season is wrapping up with a mixed bag of results across crypto miners, AI infrastructure plays and fintech names, ...

Wall Street is excited for Block to move forward with fewer humans and more AI. The Jack Dorsey-led company announced it will cut more than 4,000 employees, or about half its workforce, and investors ...

Investors cheered Block's big layoffs, but the move also flicks at the tension between markets and the economy Citrini ...

Ethereum plans to cut block time to 2 seconds and finality to 16 seconds, with quantum resistance across seven forks by 2029.

Restored in the original Washington State Patrol livery, this Chevrolet 150 is not your average 1956-model-year Tri-Five.

Analysts believe Netflix's decision to walk away from a previously proposed deal for Warner Bros. Discovery removes a major overhang for the stock and allows investors to refocus on the company's core ...

The vulnerability is especially dangerous because this model sits in the network core, so attackers could intercept or redirect data, says an expert.