Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI - AP News
Source:Associated Press
Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it was laying off more than 4,000 of its 10,000 some employees due to efficiency gains from artificial intelligence. Jack Dorsey said tha…
Related Articles
Trump Family’s $6.8 Billion Fortune Is Increasingly Tied to Crypto - Bloomberg.com
Digital assets added $1.4 billion to the first family’s wealth over the past year, making up …
S Korean crypto firm accidentally pays out $40bn in bitcoin - BBC
The company quickly realised its mistake and managed to recover virtually all the missing tokens …
Japan mines Pacific Ocean mud for rare earths to counter China’s chokehold - Financial Times
Ocean floor resources could help protect supply chains from Beijing’s export bans
Treasury Secretary Bessent delivers blunt forecast on the economy - thestreet.com
A pointed GDP forecast adds fuel to the 2026 economic debate.