John Robinson Block got a shocking phone call from his twin brother, Allan, in 2023. The editor in chief and publisher of the Pittsburgh Post-Gazette and the Toledo Blade, John Robinson had recently ...

A Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days. A Nevada judge has temporarily blocked Kalshi from ...

BANGKOK (AP) — Shares in the 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 10,000 plus employees, ...

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 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 ...

Block (XYZ) stock surged 23% in Thursday after-hours trading after the payment technology company announced that it's cutting its staff by ~40%. Meanwhile, the company issued strong guidance for 2026 ...

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly ...

The start-up Function will send practically anyone to a lab for extensive medical testing, no physical required. Is that a good thing? By Kristen V. Brown As Kimberly Crisp approached middle age, ...

Russia is moving toward a full block of messaging app WhatsApp after degrading the service for months, taking another step to replace Western communication and technology platforms with domestic ones.

Block's gross profit is rising at a double-digit pace, and profits are set to soar in the years ahead. Fundamental strength with a low starting valuation can drive shares higher. Block shares could ...

When Jonathan Swerdlin tells you he pours his blood, sweat, and tears into his work, he means it more literally than most company leaders. Swerdlin is the CEO and co-founder of Function Health, a fast ...