Short-seller Carson Block compares SoFi to Enron in a letter to the fintech firm's board

Carson Block, the founder of Muddy Waters Research, unveiled his short bet against SoFi last month, and has compared the ...
Fast Company

This Block employee survived the ‘Thanos snap’—then refused a 90% pay bump and quit immediately. Why her explanation is going viral

When fintech company Block laid off 40% off its workforce last week, CEO Jack Dorsey explained the decision in a memo to employees that he also shared on social media. He was eliminating more than ...
CNBC

Block sinks 7% after weak third quarter results miss Wall Street estimates

Block's stock fell after weak third-quarter earnings fell short of Wall Street expectations. The firm showed slowing gross profit growth for Square, despite higher gross profit volume. Block shares ...
CNBC

Block plunges 20% as Cash App miss triggers downgrades

Block shares were on track for their second-worst day, plunging more than 20% after a brutal quarterly report and a wave of analyst downgrades. Analysts flagged fresh concerns around stagnant Cash App ...
Futurism

Jack Dorsey Isn’t Telling the Real Story About Block’s AI Layoffs, Insider Says

Twitter founder and Block Inc (formerly Square) CEO Jack Dorsey announced late last month that his fintech venture was making “one of the hardest decisions in the history of our company” by “reducing ...
Fast Company

Block insiders talk about how Jack Dorsey turned Square into a multidimensional financial services giant

On November 19, Block Inc. held its first Investor Day in three years. Jack Dorsey, the company’s cofounder, chief executive, and “Block Head,” took to the stage and summarily posed what many ...