Uber CEO says other execs are lying about AI: ‘They say it’ll be fine’ but privately admit millions of jobs are gone
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Cash App is targeting a new kind of customer: 6-12 year olds
Tech companies are constantly on the hunt for new customers, and Cash App, the fintech company owned by…
Tech CEOs Think AI Will Let Them Be Everywhere at Once
Silicon Valley moguls have lately complained that too many people are too negative about artificial intelligence. They’re likewise…
Bluesky Has a New App, and It’s All About AI
Earlier this month, Jay Graber, at the time the CEO of Bluesky, stepped down and took a role…
Wall Street executives say Morgan Stanley’s latest layoffs caused by AI: sources
Morgan Stanley’s surprise round of layoffs this past week was the result of “shifting business and location priorities,”…
The Curious Case of the Block ‘AI Layoffs’
Last week, Block CEO and ayahuasca enthusiast Jack Dorsey announced that he was cutting 40% of his company’s…
Jack Dorsey lays off 40% of Block because of AI and sees most firms making similar cuts in next year
In recent weeks, the tech world has been abuzz with AI “jobpocalypse” warnings. Microsoft AI chief Mustafa Suleyman…
Fintech company Block lays off more than 4,000 people, citing AI
BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday…
Block, the parent of Square and Cash App, is laying off over 4,000 people
Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App…
Block Joins S&P 500 as Crypto’s Mainstreaming Marches On
That’s per a Friday (July 18) report by Bloomberg News, which positions the news as a milestone for…