The CEO of Block, Inc., announced layoffs of about half its workforce on Feb. 26, citing AI as the reason for the large cuts ...

Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it ...

The Daleville Department of Public Safety is warning residents of a scam in the area that uses the payment platform Cash App. Victims of this scam received an automated call ...

Block reports strong earnings, cuts workforce, and shifts to AI model as analysts say Square stands to benefit most.

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

Block shares soared after the fintech company announced massive layoffs, as CEO Jack Dorsey warned that most companies would be making similar moves in the next year.

Cash App parent company is in good shape financially, but it is still cutting nearly half of its jobs. Here's what the CEO ...

Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, pointing to recent advancements in AI that are “enabling a new way of ...

Block has cut 40% of its workforce. Here’s how the restructuring could reshape Jack Dorsey’s Bitcoin strategy, Cash App’s ...

The fintech company behind Square and Cash App is slashing more than 4,000 jobs as AI has made that many people redundant.

Jack Dorsey’s fin-tech giant Block is laying off 4,000 workers as it leans on AI to streamline operations, but what exactly does this company do? Let’s find out here.

Australia has become one of the most crypto-friendly markets in the Asia-Pacific region. With AUSTRAC regulating digital ...