China's state planner asked Manus and Meta to withdraw the acquisition transaction, following the tech giant announcing a $2 billion takeover plan in December. The deal has garnered scrutiny from both ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

President Donald Trump's effort to investigate race-based admissions at U.S. colleges was temporarily blocked Friday by a federal judge in Boston. U.S. District Judge F. Dennis Saylor IV granted a ...

Berlin startup Softr has launched an AI-native no-code platform that turns plain English into reliable, production-ready business apps for nontechnical teams.

29 years ago today, Cartoon Network was changed forever with the debut of its best programming block, and the anime world has never been the same since. In the 1990s and 2000s, Cartoon Network was the ...

Early in the Covid-19 pandemic, the governor of New Jersey made an unusual admission: He’d run out of COBOL developers. The state’s unemployment insurance systems were written in the 60-year-old ...

OAKLAND, Calif. -- Shares in the Oakland-based financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its ...

Block lays off over 4,000 employees, cutting its workforce by nearly half, CEO Jack Dorsey said. Jack Dorsey emphasized a shift toward smaller teams and intelligence tools at Block. Read the lengthy ...

Block to cut over 4,000 jobs CEO says AI has changed how a company is run Stock surges 25% after market Analysts call cuts a "seminal moment" in AI era Feb 26 (Reuters) - Block (XYZ.N), opens new tab ...

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. Dorsey thinks ...