Company

Block

Block is a financial services and technology company that provides payment processing, business solutions, and banking services through its Square and Cash App platforms.

Why it’s in the news: It is in the news as a major company impacted by regulatory actions, including being blocked by China from aiding an EU probe.

Latest on Block

  • HSBC and Standard Chartered execute first live transaction on Swift's blockchain-based ledger
  • China blocks firms from aiding EU’s JD.com probe as regulatory clash deepens
  • China’s backflipping robots leap to blockbuster stock market debut in latest sign of AI boom
  • New Zealand passes law blocking climate action against companies: ‘dark day for democracy’
  • New Zealand blocks lawsuits against firms over climate harm
  • Block’s new Apache 2.0 agent workspace Berd works across models and harnesses, stores conversation history locally
  • Block just laid off its AI team, then announced an AI agent that replaces the humans it kept.
  • Block, the financial services company, is developing a collaboration tool that combines AI agents with human workers for use on Slack.
  • Block has eliminated 4,000 roles, nearly 40% of its workforce
  • Block shareholders may benefit if the company can sustain margins and improve profit per employee
  • Block’s AI Overhaul Starts Showing Up in Results
  • Dorsey’s Block Turns AI Agents Into Real Employees

Connections

22 entities linked to Block across the news graph.