Jack Dorsey

Jack Patrick Dorsey is an American computer programmer and Internet entrepreneur who is the co-founder and CEO of Twitter, and the founder and CEO of Square, a mobile payments company.

(source: en.wikipedia.org)

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. This amends a revolving...

READ MORE >
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. As noted in the company’s shareholder...

READ MORE >
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. The company began job cuts in January and aims...

READ MORE >
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. The company announced that...

READ MORE >
Block Wants to Win With AI, Merchant Verticals and Banking 
Block Wants to Win With AI, Merchant Verticals and Banking 
November 02, 2023  |  Earnings

The return of Jack Dorsey to Square has been good news for its parent, Block. As PYMNTS reported, former Square CEO Alyssa Henry departed the company last month on Oct. 2,...

READ MORE >
Square CEO Alyssa Henry to Exit on Oct. 2
Square CEO Alyssa Henry to Exit on Oct. 2
September 18, 2023  |  Personnel

Square CEO of Block Alyssa Henry will depart the company on Oct. 2. Henry will be succeeded by Jack Dorsey, the company’s Block head and chairperson, who will also...

READ MORE >
Can Crypto Help Win the Super App War?
Can Crypto Help Win the Super App War?
November 04, 2022  |  Cryptocurrency

From Big Tech to social media to retail, a growing number of companies are trying to build the “Super App” that seven in 10 consumers...

READ MORE >
Block Says Goal of Cash App Is To Be Primary Bank 
Block Says Goal of Cash App Is To Be Primary Bank 
November 04, 2022  |  financial apps

With a roster of 49 million active users and a record $52 billion of inflows — including a spike in direct deposits — Cash App...

READ MORE >
JPMorgan: Desire Waning for Crypto as Payment Method
JPMorgan: Desire Waning for Crypto as Payment Method
September 20, 2022  |  Cryptocurrency

Demand for using cryptocurrencies as a payments method is falling off as the market has shed an estimated $2 trillion in value in under a...

READ MORE >