the-decoder

US appeals court refuses to block Pentagon's blacklisting of Anthropic

A US appeals court has declined to temporarily block the Pentagon's designation of Anthropic as a national security risk, Reuters reports. The ruling came Wednesday in Washington, D.C. Defense ...
Forbes

Block’s Huge Layoff Shows An Ugly Future For Workers

You may have heard about the massive job cuts by Block, the company behind multiple financial services, including the Stripe payment system that is popular with many retail outlets. They cut 4,000 ...
Business Insider

Here is how Block's severance package compares to other tech companies in past layoffs

Jack Dorsey's Block is laying off nearly half of its employees, equivalent to about 4,000 jobs. The financial services company has earned some praise for its severance package. Here's how it compares ...
PBS

AI is key driver behind layoffs at fintech company Block, CEO says

BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, ...
The Hill

Block laying off 40 percent of staff, citing AI advancements

Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, pointing to recent advancements in AI that are “enabling a new way of working.
Fast Company

Jack Dorsey makes a grim prediction about the future of work as he lays off 4,000 Block employees in AI push

Jack Dorsey, CEO of Block Inc, is not only laying off nearly half of the company’s workforce, but he wants investors to think he’s an AI-focused trailblazer for doing so. In a letter to shareholders ...
TechCrunch

Jack Dorsey just halved the size of Block’s employee base — and he says your company is next

Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, ...
The Verge

Jack Dorsey’s Block cuts nearly half of its staff in AI gamble

The company will shrink by more than 4,000 jobs. The company will shrink by more than 4,000 jobs. is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly ...
CNN

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...
The New York Times

Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said. By Natallie Rocha Reporting from San Francisco Block, ...
Wired

I Tried H&R Block’s Assisted and DIY Tax Services. Here’s Who’ll Benefit From It

Filing taxes is a pain. Here’s how H&R Block DIY and Assisted performed against other services I tested. I've been through the wringer with my taxes the past couple of years. Last year, I was a ...
Gizmochina

Big Snapdragon 8 Elite Gen 6 leak reveals block diagram months ahead of launch

Among the two rumored flavors, Qualcomm is expected to bring LPDDR6 RAM and a full-fledged GPU for only the Snapdragon 8 Elite Gen 6 Pro. A newly leaked block diagram now suggests the Pro chip may ...