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The Latest Breaking News from Block

Zoom, Okta, Block, PayPal Add To 2024's Tech Layoffs

Tech layoffs continue after about 100 tech companies, including Google, Meta, Amazon, Microsoft, Salesforce and TikTok, kicked off 2024 by collectively letting go of thousands of employees within the first four weeks of the year.

International Business Times

Tesla and Block among Bitcoin-holding firms to get boost from accounting rule change in late 2024

The ability to list Bitcoin at fair market value will help firms like Tesla, but could also lead other companies to add crypto to their treasuries.

Fortune

Jack Dorsey’s Block opens up preorders for Bitcoin hardware wallet Bitkey in more than 95 countries

Customers will be able to get their hands on the hardware in early 2024.

Fortune

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2 Fintech Stocks with Big Insider Buying

Insiders of these two fintech stocks recently loaded up on company shares. Here's a look at what these insider moves might mean for investors.

Barchart

Block vs. PayPal: Which Fintech Stock Is the Better Buy Right Now?

Although both Block and PayPal reported strong third quarter results, Wall Street has higher growth forecasts for one of these fintech stocks, thanks to its potential to drive exceptional growth once the economy improves.

Barchart

The Block Finale Aired Last Night & It Was A Doozy So Here’s Everything That Went Down

Many viewers took to social media with some criticism about the auction and the recurring characters who rock up.

Pedestrian.tv

Block’s Bitcoin revenue grew nearly 40% while value of its Bitcoin holdings rose

The company’s gross profit from Bitcoin rose to $44 million from $36 million a year ago.

Fortune

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3 Fintech Stocks Analysts Like Better Than SoFi Technologies

While SoFi Technologies has raced ahead in 2023, other fintech stocks like Block, PayPal, and Fiserv have earned better ratings from Wall Street. Here's what you need to know about the latest fintech industry forecasts.

Barchart

Block Launches BitKey, A Self-Custody Bitcoin Hardware Wallet

Block's BitKey aims to enhance security and empower users with full control over their Bitcoin assets

Zenger

3 Beaten-Down Tech Stocks That Could Be Buys Right Now

The stock market is continuing its September sell-off, but value-minded investors should be on the lookout for bargain buying opportunities. Here are three tech stocks that look oversold at current levels - and analysts think they're set for more upside.

Barchart

A 2023 The Block Contestant Called A Radio Show To Talk Shit About Their Co-Stars & Oh The Drama

There’s a reason The Block has been going on for 19 whopping seasons. No, it’s not the incredible renovation before and after pics. It’s not the impeccable styling choices. And it’s not the challenges that inspire people at home to go to Kmart and drop a couple of hundo on…

Pedestrian.tv

2 Prominent Tech Stocks Down 75% or More: Time to Buy?

Etsy and Block shares have spiraled to big losses from their 2021 highs, but could be the next stocks in line to rally off their lows if the tech torch is passed down from the Magnificent Seven.

Barchart

Even in a housing crisis, Australians can’t get enough of renovation stories on TV. Why?

The Block has begun its 19th season this month, billed as “a Block that’s entirely relatable to people right around Australia”. This year, contestants renovate five “authentic ’50s dream homes” in “the perfectly named Charming Street, in Melbourne’s Hampton East”.

The Conversation

Will Hamish & Zoë Foster Blake Appear On The Block? Andy Lee Spilled The Tea Live On-Air

The Block has returned to our screens and with it, a brand new rumour that Hamish and Zoë Foster Blake will purchase one of the 2023 properties.

Pedestrian.tv

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Zenger

Block’s Stock Crashes Even After Beat-And-Raise Quarter, 5 Analysts Deep Dive Into Print

Shares of Block Inc (NYSE: SQ) tanked in early trading on Friday, even after the company’s beat and raise quarter

Pedestrian.tv

The Block’s Golden Girl Shelley Craft Just Revealed Which Couple She Thought Was An ‘F-ing’ Disaster

“That is the worst team that there is.”

The Hindu

Job card-Aadhaar mismatch | A missing letter means no work for MGNREGS workers in Odisha

A mismatch between names on the MNREGS jobcards and Aadhaar card — A missing alphabet or a differently spelt name — is enough to push MGNREGS workers in Odisha to migrate to earn a living

Fortune

Block to open public beta of self-custody wallet and integrate it with Coinbase and Cash App

Bitkey is part of the payments firm’s larger bet on the staying power of Bitcoin and Web3.

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Manchester Evening News

'I was drinking and taking drugs every day before being rescued from a motorway bridge - now I'm in the best place of my life'

War veteran Richard suffered trauma from a young age

Fortune

Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.

The New Daily

Channel Seven builds Dream Home to rival The Block

Seven has confirmed a new renovation show, Dream House. But the creator of Nine's show, The Block, isn't afraid of the potential competition.

The Independent UK

Judge nixes Block shareholder suit over online music deal

A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in a music streaming service partly owned by rapper Jay-Z

Fortune

Cash App’s quarterly Bitcoin sales approach $2.2 billion, up 25% year over year

The increase in Bitcoin sales is a reverse from the prior quarter.

Fortune

Short-seller Hindenburg accuses corporate raider Carl Icahn of a “ponzi-like” corporate setup

Hindenburg claims Icahn’s exchange-listed investment vehicle lures small amateur investors with an excessively generous dividend funded by issuing $1.7 billion in new shares since 2019.

Fortune

Jack Dorsey is the hero that crypto needs right now

Elon Musk is a favorite of many crypto fans, but Jack Dorsey is a much better choice.

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