Jack Dorsey, CEO and co-founder of Block, announced in a letter to shareholders that the Oakland-based financial company was laying off more than 4,000 employees, or about 40% of its workforce. Block ...

Analysts estimate adjusted EPS of $0.22 vs. $0.32 in Q4 FY 2020. Gross payment volume is expected to rise at a robust pace YOY. Revenue growth is expected to rise, but at the second-slowest pace in at ...

San Francisco — There’s a new Silicon Valley corporate name change on the block. A month after Facebook renamed itself Meta, Square Inc., the payments company headed by former Twitter CEO Jack Dorsey, ...

Gross payment volume (GPV) came in above analysts' predictions. GPV measures the total dollar amount of card payments processed by sellers on the company's payment ecosystem. Block's transaction-based ...

Former Block employees congregate in an unaffiliated Slack group to share support, find new jobs, and trade memes. It's grown since recent layoffs.

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by ...

Block reports strong earnings, cuts workforce, and shifts to AI model as analysts say Square stands to benefit most.

SAN FRANCISCO--(BUSINESS WIRE)--Square, Inc. (NYSE: SQ) announced today that it is changing its name to Block. Block will be the name for the company as a corporate entity. The Square name has become ...

Payments giant Square will change its corporate name to Block, effective Dec. 10. The move comes as Square expands beyond its original credit card-reader business, with a focus on new technologies ...

The company formerly known as Square but changed its name to Block (NYSE: XYZ) is one of the more interesting companies you'll come across. It was a market darling during the COVID-19 pandemic, known ...

Square has the highest gross margin across Block’s reported segments. The fact that outbound sales will play a greater role in Square’s seller acquisition efforts is an implicit admission that growth ...

Block (NYSE: SQ), better known as Square, has dramatically underperformed the stock market in the recent downturn, with shares plunging by more than 65% from the 2021 highs. In this Fool Live video ...