The most widely adopted computer language in history, COBOL is now causing a host of problems. It's also dangerously ...

Work crews are putting the final touches on Arlington’s Entertainment District as city streets are transformed block-by-block into a world-class racetrack for the in ...

When Jack Dorsey announced last week that his fintech company Block was laying off 40% of its workforce due to AI, I immediately thought of two other newsmaking tech CEOs: Elon Musk laying off 80% of ...

News, notes and quotes from around the paddock Sunday in St. Petersburg, including Andretti Global's Kyle Kirkwood (photo) ...

Block, Inc. (XYZ) just delivered a "good" quarter, and the stock is up over 15% following news of a historic 40% headcount reduction. Yes, gross profit accelerated, and there is some encouraging news ...

Block’s stock is rocketing 16% after the company said that massive advancements in artificial intelligence are allowing it to cut more than 40% of its workforce. But some argue that the real story is ...

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...

Fintech company Block is shrinking back toward its pre-pandemic size, cutting staff to about 6,000 from a Covid-era peak of over 10,000, compared with just 3,800 in 2019. CEO Jack Dorsey says AI ...

Former Twitter co-founder Jack Dorsey's new company Block — the parent of merchants payment system Square, mobile peer-to-peer payments Cash App, music streamer Tidal, and open source AI agentic ...

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 ...

Content scraping is harming the information business in ways that could not have been foreseen. Case in point: At least three major news organizations are blocking access to their content by the ...