The three fintechs, which were each launched by tech luminaries in different eras of Silicon Valley history, are increasingly converging as they seek to become virtual all-in-one banks. In their ...
The news out of Block (NYSE: XYZ) on Thursday night sent shockwaves through the tech industry. The Jack Dorsey-run fintech company said it would lay off more than 40% of its employees, citing gains ...
Block's 28% plunge in February leads fintech sell-off, while Stripe shows benefit of staying private
Fintech stocks like Block, PayPal and Coinbase plummeted in February, in part due to troubling economic data and the drop in crypto prices. Block reported disappointing quarterly results, but PayPal ...
When Block Inc. laid off nearly half its staff last week, co-founder Jack Dorsey offered a seemingly simple explanation: Artificial intelligence was allowing the company to do more with fewer ...
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