Block

Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
May 01, 2024  |  Regulation

Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Square and Cash App Collaborate on Bitcoin Conversions for Sellers
Square and Cash App Collaborate on Bitcoin Conversions for Sellers
April 24, 2024  |  Cryptocurrency

Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with...

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Will Virtual Card Numbers Spark a Rush to Spend Apple Cash?
Will Virtual Card Numbers Spark a Rush to Spend Apple Cash?
April 10, 2024  |  Apple

For Apple — and as been seen already with Block (formerly Square) — the drive is to get consumers to spend the cash, rather than...

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Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
April 01, 2024  |  Consumer Finance

Block has entered into the eighth amendment to its revolving credit agreement with its lenders and the administrative agent, Goldman Sachs Bank USA. Get the Full Story...

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CE 100 Index Loses 0.4% Despite Block and Nvidia’s Post-Earnings Rallies
CE 100 Index Loses 0.4% Despite Block and Nvidia’s Post-Earnings Rallies
February 26, 2024  |  Connected Economy

Significant stock rallies in the wake of earnings from companies including Block (Square’s parent company) and Nvidia were not enough to boost the CE 100...

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Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
February 22, 2024  |  Earnings

Block’s latest earnings show more users opting to use Cash App Cards, an on-ramp to other financial services and products. Get the Full Story Complete...

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Block to Cut 112 Jobs as Cost-Cutting Moves Continue
Block to Cut 112 Jobs as Cost-Cutting Moves Continue
February 22, 2024  |  Personnel

Block plans to cut 112 jobs on March 30 as part of its previously announced cost-cutting measures. Get the Full Story Complete the form to unlock...

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Report: Block Aims to Reduce Workforce to 12,000 This Year
Report: Block Aims to Reduce Workforce to 12,000 This Year
January 30, 2024  |  Digital Payments

Block is reportedly cutting jobs as part of its previously announced effort to limit the size of its workforce to 12,000 employees. Get the Full Story...

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CE 100 Index Starts Off 2024 With a 2.6% Loss
CE 100 Index Starts Off 2024 With a 2.6% Loss
January 08, 2024  |  Connected Economy

Out with the old and in with the new, as they say. Get the Full Story Complete the form to unlock this article and enjoy...

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