Cash App parent company is in good shape financially, but it is still cutting nearly half of its jobs. Here's what the CEO ...
Cash App customers are frustrated after a widespread outage caused users not to have access to their money. The company acknowledges the problems that started Thursday afternoon and has been posting ...
The 12-year-old Cash App wallet remains a key driver for Block Inc. Cash App gross profits grew 24% year over year during the third quarter of 2025, which helped contribute to Block’s overall gross ...
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 ...
DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Over the Black Friday and Cyber Monday weekend, sellers using Block’s ecosystem of commerce tools broke records with 144 million Block consumer ...
Square-parent BlockXYZ reported second-quarter earnings and revenue that slightly missed Wall Street targets. But Square stock popped as some key financial metrics beat expectations while the company ...
Jack Dorsey emphasized progress driven by product velocity and market efforts, highlighting Square's market share gains and the focus on AI automation for sellers. Cash App's growth strategy ...
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Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same
Block, the company behind Square, Cashapp and Afterpay, is proactively slashing 40% of its workforce because of advances in AI. Will other companies follow suit? Tech expert Lance Ulanoff tells CNN’s ...
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