Jack Dorsey news and trends

Block Cuts 8% of Staff Citing ‘Strategy’ and ‘Performance’ Issues
Personnel // March 26, 2025

Financial services company Block has reportedly laid off 8% of its workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Block Doubles Down on Banking Base as FinTech Competition Grows
Earnings // February 20, 2025

Jack Dorsey is no stranger to playing the long game. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Embedded Lending Platforms Jump as Merchants Seek Working Capital
Digital Banking // November 14, 2024

The payment and commerce platforms PayPal, Shopify and Block have long been developing ecosystems for merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Block Earnings Show Jack Dorsey’s Bitcoin and Banking Ambitions
Earnings // November 07, 2024

Block, formerly known as Square and the owner of Cash App, has distinct ambitions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Interviews & Exclusives
Embedded Lending Platforms Jump as Merchants Seek Working Capital

November 14, 2024
The payment and commerce platforms PayPal, Shopify and Block have long been developing ecosystems for merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

Block Sees 20% Jump in Cash App Card Monthly Active Users in December 

February 22, 2024
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 the form to unlock this...

Musk, Dorsey Hint VC Money Puts Web3 Vision at Risk

December 21, 2021
The argument started when Elon Musk tweeted out a vague comment about something crypto-related: Web3 in this case. Get the Full Story Complete the form to unlock this article and...

Square Circles $1B Annual Top Line, Larger Sellers, Cash App, Bitcoin Beckon

February 28, 2018
Bitcoin. There. We said it. But all that aside -- and yes, cryptos made an appearance -- Square's diversifying model saw 4Q traction not just in gross payment volumes and...

Quick Reads
Block Renews Bets on AI, Ecosystem Lending as Growth Softens

May 01, 2025
For a company long hailed as a tech disruptor in financial services, Block’s Q1 2025 results present a paradox. One of slowing growth amid a flurry of innovation.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

Block Cuts 8% of Staff Citing ‘Strategy’ and ‘Performance’ Issues

March 26, 2025
Financial services company Block has reportedly laid off 8% of its workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Block Says Bitcoin Holdings Allow It to Study Technology’s Potential

June 27, 2024
One motivation for Block’s investment in bitcoin is to learn about the technology and how to use it. Get the Full Story Complete the form to unlock this article and...

Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement

April 01, 2024
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 Complete the form to unlock...