Jack Dorsey

Marc Andreessen says AI job loss fears are “all fake” and predicts a “massive jobs boom,” as fresh US data show increasing long-term unemployment and tech companies citing AI while cutting positions.

Bitchat launched in July last year and has been used during protests in Madagascar, Uganda, Nepal, Indonesia and Iran as authorities attempted to restrict usage of the internet.

Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future.

Rolling out over the coming month, a Block executive said Bitcoin payments at point-of-sale will be automatically enabled and settled in US dollars by default.

Block CEO Jack Dorsey said at the time of the layoffs that the company would have erred in some of the decisions it made and that it would correct mistakes.

A Black Mirror‑style “Energym” spoof imagining 80% of jobs lost to AI is circulating as tech companies begin slashing thousands of roles, and white-collar job openings hit decade lows.

In a shareholder letter, Dorsey said he expects other companies to follow suit soon and reduce headcount in the wake of AI advancements.

Analysts forecast Block to post $403 million in Q4 profit on $6.25 billion revenue, following a third quarter marked by strong gross profit growth but mixed market reaction.

A deep dive into why some believe Jack Dorsey is Bitcoin’s creator — and why others insist he’s not.