Top 5 things to do in Sarasota area this weekend include festivals

Festivals featuring sharks teeth and films, an outdoor concert with fireworks, and more things to do this weekend in the ...

On a New Kids on the Block cruise, Emma Straub found a way past grief

Emma Straub wrote her 2022 novel “This Time Tomorrow” — about a woman who is able to return to her 16th birthday and spend time with her father as a healthy young man — as her own father’s health was ...
Business Insider

Inside Block's AI push that ended in pink slips

Seven former Block workers say they used AI to varying degrees and weren't convinced it would replace them. CEO Jack Dorsey's decision to cut the workforce in half came as a shock. AI-driven layoffs ...
New York Post

Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools. Dorsey, best known ...
Forbes

Block Lays Off 40% Of Staff And Blames It On AI. Don’t Buy The Excuse.

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...
MarketWatch

Block says AI will allow it to cut more than 4,000 jobs. Some argue that’s not the whole story.

Block’s stock is rocketing 16% after the company said that massive advancements in artificial intelligence are allowing it to cut more than 40% of its workforce. But some argue that the real story is ...
Business Insider

Here's what smart people are saying about Jack Dorsey slashing Block's workforce

Jack Dorsey announced major layoffs at Block, cutting nearly half of its workforce. Dorsey said AI was behind the cuts, and the company's stock rose over 20% in after-hours trading. Tech and VC ...
Reuters

Jack Dorsey’s Block to cut nearly half its workforce in AI overhaul, shares surge

Block to cut over 4,000 jobs CEO says AI has changed how a company is run Stock surges 25% after market Analysts call cuts a "seminal moment" in AI era Feb 26 (Reuters) - Block (XYZ.N), opens new tab ...
Bitcoin Magazine

Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook

Shares of Block are surging in after-hours as the company said it will cut more than 4,000 employees. Block, Inc. will cut more than 4,000 employees, reducing its workforce by nearly half as the ...
CNN

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...
Wired

Inside the Rolling Layoffs at Jack Dorsey’s Block

Workers describe a deteriorating culture at Block, the company behind Square and Cash App, where layoffs continue and employees are expected to use AI tools daily. “Morale is probably the worst I’ve ...