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

Light, full, and master nodes are crucial to verifying transactions and storing data on a blockchain network. Discover their ...

The CEO's empathetic and transparent tone and a relatively generous layoff package, are gaining respect amid a 40% workforce ...

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 ...

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

Smart people in tech and VC say Jack Dorsey's Block layoffs are "the canary in the coal mine" when it comes to AI job cuts.

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

On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it ...

Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work. The Oakland parent company of ...

Block said the restructuring will cost up to $500 million and be largely completed by mid-2026, as investors embraced the move.

Block ( XYZ) announced on Thursday that it's slashing its headcount by more than 40% because intelligent technology means fewer people can do more. The company's stock jumped 24% with the news.

Block (XYZ) stock jumps 23% after strong Q1 and 2026 guidance. Get key earnings highlights, gross profit beats, and what’s ...