Jack Dorsey and Roelof Botha outlined Block's AI future one month after its sweeping 40% layoffs. The company will have three types of roles, they wrote. "Player-coaches" will replace managers.

Block has rehired at least four laid-off employees, according to LinkedIn posts. One engineer said he was rehired after his layoff was deemed a "clerical error ...

Cipher Digital (CIFR) has $9.3B in contracted HPC revenue from 15-year AWS and 10-year Google/Fluidstack leases targeting October 2026 energization, though Keefe Bruyette cut its price target to $20 ...

For Cipher Digital, Keefe Bruyette reduced its 2026 and 2027 revenue and EBITDA estimates, pointing to three drivers: reduced hash price, the company's anticipated exit from bitcoin mining in 2027, ...

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

Jack Dorsey believes A.I. will force most companies to rethink headcount, and he’s acting before the market does. MARCO BELLO/AFP via Getty Images Block, the parent company of Square and Cash App, has ...

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by ...

Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence, and investors are rewarding the move. The payment-technology company ...

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 ...

Cipher Digital (CIFR) shares rose more than 6% on Tuesday despite reporting fourth-quarter results that missed Wall Street expectations and highlighted its shift away from bitcoin BTC $76,601.59 ...

Cipher Mining Inc. (NASDAQ:CIFR) named Drew Armstrong as Head of Strategic Initiatives and Lee Bratcher as Head of Policy and Government Affairs on January 6, 2026. Bratcher provides industry ...