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The Latest Breaking News from Block

The Block Co-Creator Defends ‘Bizarre’ AI Editing After Viewers Threaten To Boycott The Show

The Block’s post-production executive producer and co-creator David Barbour has spoken out following criticism from fans over the AI editing.

Pedestrian.tv

Are Wall Street Analysts Bullish on Block Stock?

Although Block has underperformed the broader market over the past year, Wall Street analysts maintain a strongly optimistic outlook about the stock’s prospects.

Barchart

Bitcoin owners rocked by $116 million hack: What we know about the Coldcard exploit

The hack, which has drained 1,816 Bitcoin across 5,200 addresses, is devastating because it affected hyper-secure cold storage wallets.

Fortune

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Chime to cut 10% of total workforce on AI driven efficiencies

Fintech firm Chime is reducing its workforce by ten percent. This move aligns with a broader trend of companies using AI for operational efficiencies. Chime's CEO noted smaller teams are now moving faster and achieving more. Other financial companies like Block and Visa have also announced job cuts. These changes…

The Economic Times

Forget Slack and Teams — your next work chat could come with AI co-workers

Block has launched an open-source rival to Slack and GitHub that gives AI agents their own identities and permissions, treating them as colleagues rather than tools.

Euronews

Jack Dorsey wants to take on Slack and GitHub with new Buzz platform bringing humans and agents together

Buzz is one single app for human-AI conversations, project context, code hosting and more.

TechRadar

What to Expect From Block’s Q2 2026 Earnings Report

Block is set to report Q2 earnings next month, and analysts expect its EPS to dip by double digits.

Barchart

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PayPal's Board Thinks Stripe And Advent's $53 Billion Offer Is Too Low. The Rejection Could Set The Stage For A Bigger Bid.

PayPal's board believes the $53 billion takeover proposal from Stripe and Advent International does not adequately value the payments giant.

International Business Times

PayPal board sees Stripe-Advent's $53 billion bid as undervaluing company, sources say

PayPal's board considers a $53 billion takeover bid from Stripe and Advent International as undervalued. The company has not formally responded to the proposal from the consortium. Stripe and Advent have secured a $50 billion financing package for their offer. PayPal's board is evaluating the bid against its own turnaround…

The Economic Times

Cash App $45m Settlement Prompts Payment Scramble Across 46 States—What Reddit Users Found

Cash App's parent company settles a $45 million fraud case, leading to security upgrades and sparking user discussions on Reddit about compensation and eligibility.

International Business Times UK

Polish Your Hard Hats ‘Cos The Block Has Officially Dropped Its Cast List For 2026

The Block Australia is back for 2026 in its 22nd season. Here's the full cast and teams who are about to break ground in Mount Eliza.

Pedestrian.tv

Tether Is Investing $20 Million In Brazil's Mercado Bitcoin As Latin America Becomes A Bigger Bet For Tokenized Finance.

Mercado Bitcoin plans to use the funding to grow its payments, lending, tokenized investment products and international operations.

International Business Times

Block Stock Just Scored a Double Upgrade From Piper Sandler. Here's Why.

Piper Sandler double-upgrades Block stock to "Overweight" and raises its price target to $100. Here’s why the investment firm recommends buying XYZ shares at the current price.

Barchart

Block Stock’s Unusual Options Activity Offers Something for Both Bulls and Bears

Block's overall options volume on Wednesday came in near its 30-day average, but five contracts stood out for unusual activity — all expiring within 15 days. They provide several affordable multi-leg setups worth considering from either side of the trade

Barchart

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Barchart

87,714 Jobs Have Already Been Lost This Year To AI, But Billionaire Nvidia CEO Jensen Huang Says AI Taking Jobs Is ‘Complete Nonsense’

Nvidia’s CEO is pushing back hard on the scariest AI jobs narrative, but his argument raises a different warning for workers: AI may reset what productivity is supposed to look like.

Fortune

Around 22 million teenagers are making their pocket money on video games, online reselling, and in-game platforms like Roblox

The Gen Alpha are making money from their online hobbies and managing multiple streams of income from just 13 years old.

MyLifeXP

Why Google's AI Chief Thinks Tech Giants Are Panicking

For months, a single fear has dominated conversations across the technology industry: will artificial intelligence replace software engineers? As layoffs continue to sweep through major companies, many workers have begun to wonder whether AI is becoming a replacement rather than a tool. But one of the most respected voices in…

Fortune

Apollo chief economist says there's ‘zero evidence’ AI is killing jobs—in fact, he says it's creating them

Torsten Sløk, chief economist at Apollo, says AI will only create more jobs for human workers—even as companies tie their layoffs to the tech.

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Fortune

CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. 'They've been saying that for 20 years'

Companies like Wix, Snap, and Block have all recently pointed to AI to explain cuts.

International Business Times UK

Kevin O'Leary Says Content Creators Are Now More Valuable Than Engineers — And Some Already Earn $500K

Shark Tank's Kevin O'Leary says social media creators in his companies now earn up to $500,000 a year as AI reshapes which skills are most valued.

The Economic Times

Jeff Bezos rejects AI-induced job-loss fears, says the technology will ‘elevate’ workers

Amazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages and boost worker productivity. He argued that AI will augment human roles, not replace them entirely, enabling work at a higher level. This comes amid layoffs at the company, though Bezos claims they weren't…

MarketBeat

Block’s Pivot to Profits and AI Is Turning Heads

Block stock is gaining attention after strong earnings, rising profitability, AI initiatives, and higher guidance despite regulatory and valuation concerns.

The Guardian - US

‘I didn’t want to be the guinea pig’: inside tech’s AI-fueled manager purge

Tech workers say AI-driven restructurings are eroding mentorship, support and paths to promotion across Silicon Valley

The Independent UK

From Cisco to Block, more companies are pointing to AI when unveiling job cuts

Layoffs have been piling up recently, especially in the tech world

Barchart

After Major Layoffs, Block Stock Is Staging a Turnaround. CEO Jack Dorsey Says AI Is Leading the Way.

Block has staged a turnaround from its lows, driven by layoffs, to create more space for AI.

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