17 hours ago · 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.

The meaning of BLOCK is a compact usually solid piece of substantial material especially when worked or altered to serve a particular purpose. How to use block in a sentence.

16 hours ago · Block, the financial technology company that owns Square, Cash App and Tidal, said on Thursday that it was cutting 40 percent of its work force as it embraced new artificial intelligence tools.

BLOCK meaning: 1. the distance along a street from where one road crosses it to the place where the next road…. Learn more.

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 …

18 hours ago · Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence. The payment-technology company plans to cut …

16 hours ago · Block is the latest tech company to announce massive cuts as employers push workers to use more AI tools to do more with fewer people.

Made up of Square, Cash App, Afterpay, TIDAL, Bitkey, and Proto, Block, Inc. builds technology to increase access to the global economy.

A block in a town or city is an area of land with streets on all its sides, or the area or distance between such streets. He walked around the block three times. She walked four blocks down High Street.

Later in the month, Block said in a regulatory filing that the CEO of its Square business, Alyssa Henry, was set to leave the company in October 2023, and that Jack Dorsey, serving then as the "Block …