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Twitter Co-Founder Jack Dorsey Cuts Over 4,000 Jobs at Block
Twitter co-founder Jack Dorsey said that his company, Block, will reduce its workforce by nearly half, cutting more than 4,000 employees and shrinking the company from over 10,000 staff to just under ...

CoreWeave Losses Top Analyst Expectations, Hurting Stock
CoreWeave doubled sales in the fourth quarter but the company reported bigger than expected losses, sending shares more than 8% lower in after-hours trading. The AI cloud company made $1.6 billion in ...

In Landmark Trial, Plaintiff Says Social Media Harm Started at Age 6
The plaintiff, a 20-year-old identified only as K.G.M., took the stand to testify against Meta and Instagram in a bellwether case over tech addiction....

Intuit Stock Slips Despite Beating Revenue Forecast
Intuit shares fell nearly 7% in after-hours trading Thursday despite the software company’s quarterly report showing revenue grew two percentage points faster than its prior projection for the quart...

Move over, craft chaos: Cricut's new die-cutting machines are here to simplify DIY
Die-cutting machine brand Cricut has just announced two new machines to add to its extensive lineup and a refresh of its existing design software....

US Department of Labor to Rescind Biden Rule that Harmed Independent Contractor
The US Department of Labor (DOL)has proposed a new rule that will formally rescind the harmful Biden Administration Independent Contractor rule. The 2024 DOL independent contractor rule, enacted under...

Jack Dorsey’s Block cuts nearly half of its staff in AI gamble
Jack Dorsey's Block, the financial tech company that runs Square and the Cash app, is cutting its workforce by "n...

Lenovo leak reveals a foldable gaming handheld that’s also a Windows laptop
Image: WindowsLatest Lenovo's next gaming laptop could be a shapeshifting foldable called the Legion Go Fold, whic...

Block Cuts Workforce by 40% in AI Bet
Block co-founder Jack Dorsey said his payments company plans to lay off 40% of its staff as it believes artificial intelligence tools can help a smaller workforce “do more and do it better.” In a ...

Block Inc slashes 40% of its staff as Jack Dorsey pushes ‘smaller, flatter’ AI strategy
Block is reducing its staff from over 10,000 people to just under 6,000, Dorsey said in a note to the company....

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