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Articles for Dorseys, search results for square

Jack Dorsey's Block slows hiring, investment as Bitcoin plunge slams earnings
2 years, 4 months ago

Jack Dorsey's Block slows hiring, investment as Bitcoin plunge slams earnings

The Hindu  

Jack Dorsey-led Block Inc said it has slowed hiring and will slash its 2022 investment target by $250 million, after a slump in Bitcoin prices dragged the digital payments company to a loss in the second quarter. That sent Block's Bitcoin gross profit - or what the company earns from the spread on buying and selling the cryptocurrency - down …

Bitcoin Profit Block Cash App Gross Profit Slams Earnings
Jack Dorsey's Web3 comments reveal how much crypto's faction mistrust each other.
54 years, 11 months ago

Jack Dorsey's Web3 comments reveal how much crypto's faction mistrust each other.

Slate  

Jack Dorsey, CEO of Block and the former head of Twitter, made it very clear how he feels about Web3 on Monday. Know what you’re getting into… — jack⚡️ December 21, 2021 Web3 is the latest Silicon Valley buzzword referring to a possible future version of the internet that’s run on blockchain networks, the record-keeping technology that underlies cryptocurrency. In …

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Dorsey's journey from microblogging pioneer to billionaire
3 years ago

Dorsey's journey from microblogging pioneer to billionaire

The Hindu  

Jack Dorsey on Monday stepped down as the chief executive officer of Twitter Inc, the social media firm he helped found in 2006 and steered through a high-profile hack and the controversial banning of former U.S. President Donald Trump. 2017: A Twitter employee on his last day deactivated then U.S. President Donald Trump's account which was restored 11 minutes later. …

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Jack Dorsey’s Square snaps up Australia’s Afterpay for $29bn
3 years, 4 months ago

Jack Dorsey’s Square snaps up Australia’s Afterpay for $29bn

Al Jazeera  

Australia’s biggest deal highlights the popularity of the buy now, pay later model which has upended traditional credit. Square, the payments firm of Twitter co-founder Jack Dorsey, will purchase buy now, pay later pioneer Afterpay for $29bn, creating a global-transactions giant in the biggest buyout of an Australian firm. “We expect Square will invest heavily to integrate Afterpay and accelerate …

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Jack Dorsey’s Pointless Case That Bitcoin Can Be Green
54 years, 11 months ago

Jack Dorsey’s Pointless Case That Bitcoin Can Be Green

Slate  

For someone with two companies to run, Twitter and Square CEO Jack Dorsey spends a lot of time tweeting about cryptocurrency. As Dorsey told the Sydney Morning Herald in 2019, he thinks Bitcoin is “the best bet” when it comes to all cryptocurrencies because “it’s been the most resilient, it’s around for 10 years, it has a great brand, and …

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