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Block’s inclusion in the S&P 500 comes just two months after crypto exchange Coinbase made history as the first cryptocurrency firm to join the index. Jack Dorsey’s financial services company, Block, Inc., surged almost 9% in after-hours trading on Friday following the news that it will be added to the S&P 500, the benchmark index…
Twitter co-founder and Block CEO Jack Dorsey isn’t just vibe-coding new social apps, like Bitchat and Sun Day, he has invested $10 million in an effort to fund experimental open source projects and other tools that could ultimately transform the social media landscape. These efforts are funneled through an online collective called “and Other Stuff,”…
Twitter co-founder Jack Dorsey is on an app-building spree. After releasing a Bluetooth-based messaging app called Bitchat earlier this month, this weekend Dorsey revealed another app called Sun Day that ostensibly helps users track UV exposure and Vitamin D intake. The new app is available via TestFlight on iOS, and its code is on GitHub…
Welcome back to Week in Review! We’ve got tons of news for you this week, including a shakeup at X, Hugging Face’s new robot, new phones from Nothing and Samsung, and a whole lot more. Have a great weekend! Off to do something else: X CEO Linda Yaccarino stepped down this week after a tumultuous…
Block CEO Jack Dorsey has released a white paper and launched a beta for Bitchat, a decentralized messaging app using Bluetooth mesh networks for internet-free, encrypted communication. Block CEO and Twitter co-founder Jack Dorsey has launched the beta version of a new decentralized peer-to-peer messaging service that runs entirely over Bluetooth. Jack Dorsey said his…
Block, Inc. is rolling out Bitcoin payments on Square, and merchants will be able to hold the Bitcoin, or auto-convert it to fiat in real-time. Jack Dorsey’s financial services firm Block, Inc. will launch Bitcoin payments on Square, its payments processing arm, with a rollout to begin later this year before a full launch in…
Jack Dorsey, co-founder of Twitter (now X) and Square (now Block), sparked a weekend’s worth of debate around intellectual property, patents, and copyright, with a characteristically terse post declaring, “delete all IP law.” X’s current owner Elon Musk quickly replied, “I agree.” It’s not clear what exactly brought these comments on, but they come at…
Fintech Block laid off 931 people, roughly 8% of the company’s staff, on Tuesday, according to a leaked message from the company seen by TechCrunch. The news was announced to staff in an email from Block’s co-founder and CEO, Jack Dorsey. Dorsey told staff that on Tuesday, Block will be “making some org changes, including…
” Jack Dorsey’s Block asks for input on proposed ‘mining development kit’ “ Payments company Block, formerly known as Square, is delving deeper into the crypto mining industry with potential plans to build a “mining development kit.” A Mar. 7 blog post revealed that the Jack Dorsey-founded multinational technology firm was mulling its latest vision…
” Jack Dorsey’s TBD launches ‘C=’ to improve Bitcoin Lightning Network “ TBD, a division of Block (formerly Square) led by CEO Jack Dorsey, launched a new venture named c= (pronounced c equals) to improve the Bitcoin Lightning Network through tools and services. The Lightning Network (LN) is a layer 2 payment network built to ease…