Fintechs Look to Cost Cuts and Layoffs

[ad_1] PayPal and Block said they would trim their expenses, as high interest rates have put many financial-tech companies in a tight spot. [ad_2] Source link

Block’s Stock Price Is Down 80%. Enter CEO Jack Dorsey.

[ad_1] Listen to article (1 minute) Jack Dorsey has been notoriously hands-off. Recent events are forcing him to change.  For years, his payments company, Block, was perceived as a success,…

Block’s stock soars as company sets big earnings goal, launches buyback program

[ad_1] Block Inc. set a big target for a 2024 earnings metric that vastly exceeded the consensus view, helping to send its stock shooting nearly 20% higher in Thursday’s extended…

The Software Slyly Turning Us Into Bigger Tippers

[ad_1] Adjusting the user interface on tip screens can have a powerful influence on our generosity. [ad_2] Source link

Shares of Jack Dorsey’s Block Fall on Short-Seller Report

[ad_1] Markets Finance Hindenburg Research released a report based on a two-year investigation, accusing Block of inflating user numbers [ad_2] Source link

Short Seller Hindenburg Says Jack Dorsey’s Payments Company Inflates User Numbers

[ad_1] Markets Shares in Block Inc.—formerly known as Square—fell after Hindenburg Research released the results of what it called a two-year probe [ad_2] Source link