AI-powered legal support startup Soxton announced the acquisition of Cipher Technologies. Cipher performs research and ensures large language models (LLMs) have limited parameters to prevent ...

Block has rehired at least four laid-off employees, according to LinkedIn posts. One engineer said he was rehired after his layoff was deemed a "clerical error ...

Cipher Digital (CIFR) has $9.3B in contracted HPC revenue from 15-year AWS and 10-year Google/Fluidstack leases targeting October 2026 energization, though Keefe Bruyette cut its price target to $20 ...

For Cipher Digital, Keefe Bruyette reduced its 2026 and 2027 revenue and EBITDA estimates, pointing to three drivers: reduced hash price, the company's anticipated exit from bitcoin mining in 2027, ...

Mr. Zamost was the head of communications, policy and people at Square, now known as Block, from 2015 to 2020. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los ...

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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, ...

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

Block on Thursday announced that it will cut nearly half of its workforce as the payments firm works to embed artificial intelligence (AI) throughout its operations. The layoffs will affect over 4,000 ...

Jack Dorsey believes A.I. will force most companies to rethink headcount, and he’s acting before the market does. MARCO BELLO/AFP via Getty Images Block, the parent company of Square and Cash App, has ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. In a lengthy note shared on X, the Block co‑founder said the company will shrink from more than 10,000 employees to just ...

CEO Jack Dorsey warns of AI's impact on jobs, highlighting Block's workforce reduction strategy. Block's AI tools boost efficiency, with engineer output up 40%, says CFO Amrita Ahuja. Despite layoffs, ...