Latest Updates Around The World
Block shares rose more than 16% on Friday after the fintech company announced it would cut its workforce nearly in half as part of an overhaul to integrate artificial intelligence tools into its operations.The layoffs are the most visible signs of how the industry is dealing with the impact of AI, with Block’s CEO, technology […]
Shares of fintech Block fell 11.1% on Friday as investors objected to profit growth lagging volume growth at payments unit Square.Gross payment volume (GPV) for Square, which provides payment solutions to small and medium-sized businesses, grew 12% in the third quarter from a year ago, matching levels two years earlier. But gross profit growth slowed […]
Welcome back to week in Review! We have tons news for you this week, including a shakeup at X, Hugging Face’s new robot, new phones from nothing and Samsung and much more. Have a nice weekend! On the way to do something else: X CEO Linda Yaccarino was declined this week after a tumultuous two-year […]
