Like lots of games, Minecraft is celebrating April Fools' Day with a good, old-fashioned joke. But rather than simply making ...

Senate Democrats on Thursday defeated a motion to proceed to a House-passed bill to reopen the Department of Homeland Security and end the 27-day shutdown that has hampered the functions of the ...

The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity Mark remembers the first time he wondered whether he was teaching Block’s AI tools ...

When the bombs hit in Iran, I thought of Jack Dorsey. In 2009, he and I were both part of a contingent of technology people sent by the US State Department to Baghdad, in the wake of another ...

When Block Inc. laid off nearly half its staff last week, co-founder Jack Dorsey offered a seemingly simple explanation: Artificial intelligence was allowing the company to do more with fewer ...

Jack Dorsey's Block is laying off nearly half of its employees, equivalent to about 4,000 jobs. The financial services company has earned some praise for its severance package. Here's how it compares ...

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools. Dorsey, best known ...

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...

Jack Dorsey believes A.I. will force most companies to rethink headcount, and he’s acting before the market does. MARCO BELLO/AFP via Getty Images Block, the parent company of Square and Cash App, has ...

Jack Dorsey announced major layoffs at Block, cutting nearly half of its workforce. Dorsey said AI was behind the cuts, and the company's stock rose over 20% in after-hours trading. Tech and VC ...