15 stories tagged #Cash App

  1. Block Inc. Replaces Middle Management With AI in Permanent Restructuring
    tech

    Block Inc. Replaces Middle Management With AI in Permanent Restructuring

    CEO Jack Dorsey and Sequoia’s Roelof Botha outline a new corporate model at Block, eliminating middle managers through AI integration following a 40% workforce reduction.

    3d ago 1 min read
  2. Cash App Adds Fee-Free Stablecoin Transfers, Marking Shift From Bitcoin-Only Focus
    crypto

    Cash App Adds Fee-Free Stablecoin Transfers, Marking Shift From Bitcoin-Only Focus

    Cash App now supports fee-free USDC transfers on Ethereum, Solana, Polygon, and Arbitrum, automatically converting them to dollars.

    3w ago 1 min read
  3. Jack Dorsey's Block Pushes Bitcoin as Everyday Currency
    crypto

    Jack Dorsey's Block Pushes Bitcoin as Everyday Currency

    Jack Dorsey's Block is rolling out initiatives to make Bitcoin functional for daily transactions, not just speculation.

    last mo. 1 min read
  4. Block Raises Annual Profit Forecast Amid Strong Consumer Spending
    finance

    Block Raises Annual Profit Forecast Amid Strong Consumer Spending

    Jack Dorsey-led Block lifts 2026 gross profit outlook to $12.33B, driven by resilient consumer spending and growth in Cash App and Square.

    last mo. 1 min read
  5. Block Cuts Profits Up, Consumer Spending Strong
    finance

    Block Cuts Profits Up, Consumer Spending Strong

    Jack Dorsey-led Block reports better-than-expected Q1 2026 profit, as resilient consumer spending and higher tax refunds drove growth across its Cash App and Square divisions.

    last mo. 1 min read
  6. Block Lifts Full-Year Profit Forecast on Cash App Growth
    finance

    Block Lifts Full-Year Profit Forecast on Cash App Growth

    Jack Dorsey-led Block raises annual gross profit outlook to $12.33B, driven by strong Cash App performance and resilient consumer spending.

    last mo. 1 min read
  7. Block Beats Q1 Estimates, Lifts 2026 Outlook, Shares Surge 8%
    finance

    Block Beats Q1 Estimates, Lifts 2026 Outlook, Shares Surge 8%

    Block Inc. posts strong Q1 earnings, accelerates gross profit growth, and raises full-year guidance, driven by an AI-focused restructuring.

    last mo. 1 min read
  8. US Payment Apps Fail Abroad: State Department Warns Travelers
    finance

    US Payment Apps Fail Abroad: State Department Warns Travelers

    Americans traveling internationally are urged by the State Department to reconsider reliance on popular US payment apps like Cash App, Venmo, PayPal, and Zelle, as they often do not function overseas.

    2mo ago 1 min read