Block Inc

Twitter CEO Jack Dorsey arrives at the "Tech for Good" Summit in Paris, France May 15, 2019.Charles Platiau | ReutersElon Musk's Twitter is facing new competition from a rival called Bluesky, a so-called decentralized communications app…

In a press conference on Thursday afternoon, San Francisco District Attorney Brooke Jenkins confirmed that an arrest has been made in the April 4 fatal stabbing of Cash App founder Bob Lee. Officials named Nima Momeni — a tech entrepreneur…

ACCRA, GHANA — Block CEO Jack Dorsey and his top brass descended on Accra for the inaugural Africa Bitcoin Conference in December to talk about one of the most potentially disruptive and transformative alternatives to the continent's…

Shares of Jack Dorsey's Block plunged nearly 15% by Thursday's close after short seller Hindenburg Research announced that the payment company was its latest short position, alleging that Block allowed criminal activity to operate with lax…

ACCRA, GHANA – On the afternoon of Dec. 26, 2022, Chris Maurice finally capitulated and went to the emergency room at Hospital Clinic de Barcelona, just west of the city's gothic quarter. For roughly 10 months, the 26-year-old CEO of the…

Jack Dorsey's digital payment company Block Inc. said it will be using its own Bitcoin reserves to provide liquidity to Bitcoin's Lightning Network, a protocol meant to make transactions on the blockchain more efficient. TBD, the…

Block stock rose nearly 8% in extended trading after the payments company reported fourth-quarter earnings that missed Wall Street expectations but posted strong growth in gross profit.Here's how Block did versus Refinitiv consensus…

Layoffs, rising interest rates, spiraling valuations — this is a tough time for startups.Amid the broader economic downturn and bear market in tech stocks, investors have been favoring profitability — or at least a reasonable path to get…

CNBC is now accepting nominations for the 2023 Disruptor 50 list — our annual look at the most innovative venture-backed companies using breakthrough technology to meet increasing economic and consumer challenges.The deadline for…

Jack Dorsey’s Block Inc. is among the companies contributing to a funding round for a Bitcoin miner in Africa fired by renewable power. Jack Dorsey's Block Inc. is among the companies contributing to a funding round for a Bitcoin miner…