The Pentagon will forbid members of the military from attending Columbia, Yale, Brown and other universities starting next ...

The parent company of buy-now, pay-later service Afterpay has cut almost half of its human workforce, citing “intelligence ...

Block’s “audacious” move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring.

The all-lowercase public letter to staff elaborates on why Dorsey slashed headcount at the fintech company by thousands—to ...

The tech entrepreneur said companies need flatter structures and fewer employees to thrive in the AI era.

Jack Dorsey says Block will cut more than 4,000 jobs as it pivots toward AI, sparking serious backlash online.

Jack Dorsey faces backlash after Block’s $68 million party preceded mass layoffs, as AI strategy and stock surge spark debate.

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.

Jack Dorsey says his payments company, Block, will cut more than 4,000 jobs as part of an AI-driven restructuring effort, with affected employees expected to find out their fate today.

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

The company said the plan would cost it $450 million to $500 million in expenses and severance.