Jack Dorsey

Jack Patrick Dorsey is an American computer programmer and Internet entrepreneur who is the co-founder and CEO of Twitter, and the founder and CEO of Square, a mobile payments company.

(source: en.wikipedia.org)

Block Reports Q2 Growth; Announces Reorganization and Banking Ambitions
Block Reports Q2 Growth; Announces Reorganization and Banking Ambitions
August 01, 2024  |  Earnings

The theme of digital-first infrastructure and value-added services built atop it is one that Block, owner of Cash App, Square, and Tidal, leaned into during Thursday’s...

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Block Says Bitcoin Holdings Allow It to Study Technology’s Potential
Block Says Bitcoin Holdings Allow It to Study Technology’s Potential
June 27, 2024  |  Cryptocurrency

One motivation for Block’s investment in bitcoin is to learn about the technology and how to use it. The company invests 10% of its gross...

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Making Sense of the State of Crypto in 2024
Making Sense of the State of Crypto in 2024
May 10, 2024  |  Cryptocurrency

There might be as many opinions about crypto as there are cryptocurrency tokens. And with tens of thousands of digital assets populating the crypto market,...

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Block Sees Both Banking and Bitcoin Driving Future Growth 
Block Sees Both Banking and Bitcoin Driving Future Growth 
May 02, 2024  |  Earnings

Block, owner of Cash App and Square, is also a huge owner of bitcoin.  This, as the company’s latest first quarter 2024 earnings results revealed that the company’s $200 million investment...

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Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
April 01, 2024  |  Consumer Finance

Block has entered into the eighth amendment to its revolving credit agreement with its lenders and the administrative agent, Goldman Sachs Bank USA. This amends a revolving...

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Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
February 22, 2024  |  Earnings

Block’s latest earnings show more users opting to use Cash App Cards, an on-ramp to other financial services and products. As noted in the company’s shareholder...

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Block to Cut 112 Jobs as Cost-Cutting Moves Continue
Block to Cut 112 Jobs as Cost-Cutting Moves Continue
February 22, 2024  |  Personnel

Block plans to cut 112 jobs on March 30 as part of its previously announced cost-cutting measures. The company began job cuts in January and aims...

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Report: Block Aims to Reduce Workforce to 12,000 This Year
Report: Block Aims to Reduce Workforce to 12,000 This Year
January 30, 2024  |  Digital Payments

Block is reportedly cutting jobs as part of its previously announced effort to limit the size of its workforce to 12,000 employees. The company announced that...

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Block Wants to Win With AI, Merchant Verticals and Banking 
Block Wants to Win With AI, Merchant Verticals and Banking 
November 02, 2023  |  Earnings

The return of Jack Dorsey to Square has been good news for its parent, Block. As PYMNTS reported, former Square CEO Alyssa Henry departed the company last month on Oct. 2,...

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