Block’s stock surges 20% as Wall Street rewards massive job cuts at the parent company of Square and the Cash App.

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by ...

Block’s “audacious” move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring.

Russia has attempted to fully block WhatsApp as it tightens control of online communication and pushes people toward a ...

The Block CEO says a structural misstep and pandemic-era overhiring prompted him to slash nearly half the company's staff on ...

DroneShield Ltd (ASX:DRO, OTC:DRSHF) has established counter-drone manufacturing in the European Union, expanding its industrial footprint in the region and increasing production capacity as demand ...

Yet Block is choosing to become, in Mr. Dorsey’s phrase, “intelligence‑native”: smaller, faster and built around AI agents ...

Jack Dorsey, CEO and co-founder of Block, announced in a letter to shareholders that the Oakland-based financial company was laying off more than 4,000 employees, or about 40% of its workforce. Block ...

The Block CEO says a structural misstep and pandemic-era overhiring were factors in big cuts at the firm this week.

Wolfe Research FinTech Forum March 10, 2026 3:55 PM EDTCompany ParticipantsOwen Jennings - Business LeadConference Call ...

The Afterpay owner is cutting over 4,000 jobs and replacing them with AI. The post Why are Block shares rocketing 30% on Friday? appeared first on The Motley Fool Australia.

Google used AI-driven review systems to block 1.75 million policy-violating apps and ban 80,000 developer accounts in 2025, ...