Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
PayPal names HP CEO Enrique Lores as CEO, replacing Alex Chriss on March 1, and reports Q4 revenue up 4% YoY to $8.68B, below estimates; PYPL closes down 20.3%
PayPal Holdings Inc. said HP Inc. Chief Executive Officer Enrique Lores will take the top job from Alex Chriss …
As tech CEOs stay silent after two fatal shootings, 450+ workers at Google, Meta, OpenAI, Amazon, and others urge CEOs to cancel any ICE contracts and speak out
across NVIDIA, Anthropic, OpenAI, Google, Salesforce, Adobe, PayPal, YouTube, Slack, Meta—we are now hundreds strong.Hemant Taneja /@htaneja:This is not politics as usual. As inves...
Khosla Ventures' Vinod Khosla and Ethan Choi disavow Keith Rabois' comments after border agents killed Alex Pretti; Rabois said Pretti was committing a “felony”
To understand the stance of an unwavering Trump loyalist after United States Custom and Enforcement shocked the nation …
Tim Cook attending a private White House screening of the documentary Melania hours after US agents killed a man suggests horrible judgment, or worse, cowardice
Tim Cook is captured. There is simply no other explanation for his actions over the past year or so.
As tech CEOs stay silent after two fatal shootings, 450+ workers at Google, Meta, OpenAI, Amazon, and others urge CEOs to cancel any ICE contracts and speak out
Some tech workers are pressuring the industry's top leaders to speak out against ICE after federal officers killed Alex Pretti …
The reaction to NYT's David Sacks story aside, Sacks is pushing policies to help the US win the AI race, which also benefit him, his allies, and even his foes
Top of the Morning — I come here neither to praise nor pillory David Sacks, the venture capitalist who spends half …
How David Sacks' AI and crypto policies in Trump's White House benefit his investments, those of his Silicon Valley friends, and the All-In podcast he co-hosts
Calls Conflict Claims “Nothing Burger” Mike Pearl / Gizmodo : 438 Reasons to Doubt that David Sacks Should Work for the Federal Government Mark Toon / Protos : David Sacks sends si...
Open letter signed by 800+ founders, VCs, and others: Sequoia must act after Shaun Maguire said Zohran Mamdani “comes from a culture that lies about everything”
where the hell is Sequoia going to find a replacement for investing acumen like that? [embedded post] So Mayer / @suchmayer : #AltText the image is a tweet by Shaun Maguire, in whi...
Q&A with Mary Meeker on publishing her first Trends report since 2019, its focus on the AI revolution, why OpenAI may have an insurmountable lead, and more
#google #chatgpt #openai #ai #gemini @martenmickos : 340 slides you want to read. — Mary Meeker's report on AI trends. — www.bondcap.com/reports/tai Greg Linden / @glinden : At...
Q&A with Mary Meeker on publishing her first Trends report since 2019, its focus on the AI revolution, why OpenAI may have an insurmountable lead, and more
www.bondcap.com/reports/tai @eguango : if you want to know the nitty gritty of the state of AI, can't recommend this report from Mary Meeker strongly enough. [embedded post] Threa...
Galaxy Digital, which has traded on the Toronto Stock Exchange since 2020, started trading on the Nasdaq on Friday under the ticker GLXY; the stock closed up 4%
WATCH NOW — Mike Novogratz' crypto firm Galaxy Digital started trading on the Nasdaq Friday under the ticker GLXY.
Trump signs an EO to establish a Strategic Bitcoin Reserve and a Digital Asset Stockpile using BTC and other digital assets forfeited in criminal or civil cases
Now, Trump wants to create a crypto “strategic reserve.” (1/2) @theangrydonkey : Earlier this week, Trump announced the names of five digital assets he expects to include in this ...
Trump signs an EO to establish a Strategic Bitcoin Reserve and a Digital Asset Stockpile using BTC and other digital assets forfeited in criminal or civil cases
US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve “just a few minutes ago,” says crypto tsar David Sacks.
Donald Trump is promoting a Solana memecoin called TRUMP from his social media accounts, with 200M $TRUMP available now and growing to 1B “over three years”
Talk about a Friday night surprise. President-elect Donald Trump's social media accounts shared what appears …
Leading crypto firms have given at least $10M to the Trump inaugural fund; Ripple, a major target of SEC enforcement action, donated $5M in digital tokens
Crypto executives and their lobbyists are scrambling to gain sway over the incoming administration.
A look at Watch Duty, a free app that has become a crucial lifeline for LA during the wildfires by showing active fires, evacuation zones, and other vital info
‘We view what we are doing as a public service,’ says the cofounder of the nonprofit that millions of people are relying on to stay safe.
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry
Can't say I did not see this coming, tbh. — x.com/LauraLoomer/... @thetnholler : In-fighting : “The new MAGA coalition has officially had its first internal debate - over H-1b vi...
Tech lobbyists see new opportunities to expand access to high-skilled H-1B visas and green cards by leveraging the sway of Elon Musk over the GOP
A holiday blowup over immigration between Trump's tech advisers and the GOP base suggests the road may be littered with obstacles.