Green Party leader hails 'seismic' by-election victory as new MP says 'we can win anywhere'

Hannah Spencer, a 34-year-old plumber, wins the Gorton and Denton by-election, with Reform coming in second and Labour in ...

What Are Light, Full, and Master Nodes in Cryptocurrency?

Light, full, and master nodes are crucial to verifying transactions and storing data on a blockchain network. Discover their ...
CoinDesk

Analysis: Block’s retreat to 2019 scale could be a hint of deeper shifts in payments economics

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 ...

Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its ...

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

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.

Jack Dorsey’s Block to cut nearly half its workforce in AI overhaul, shares surge

Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across its operations, sending shares of the payments firm up 25% ...