Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey.

Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...
InfoQ

Microsoft Agent Framework RC Simplifies Agentic Development in .NET and Python

Microsoft has announced that the Microsoft Agent Framework has reached Release Candidate status for both .NET and Python. This milestone indicates that the API surface is stable and feature-complete ...
Moneyweb

FORTRESS REAL ESTATE INVESTMENTS LIMITED – Consolidated unaudited interim results for the six months ended 31 December 2025 and prospects

Financial periods defined as follows: – 1H2025 – Interim reporting period for the six months ended 31 December 2024; – 1H2026 – Interim reporting period for the six months ended 31 December 2025; – ...