Cathie Wood Just Bet $37 Million on Block. What It Means for XYZ Stock. Cathie Wood’s Ark Invest bought 456,059 Block shares worth about $37.4 million as the fintech pushes deeper into AI and cost-cutting. Barchart · Sep 11
India drives Bitchat’s growth despite government takedown Bitchat, the internet-free messaging app founded by former Twitter CEO Jack Dorsey, is gaining popularity in India despite a government order asking GitHub to remove its source code repository. The app uses Bluetooth mesh networks to allow users to send messages without internet access. The Economic Times · Jul 27
India Just Ordered Jack Dorsey’s BitChat To Be Erased From GitHub, After Protesters Used the Bluetooth Messaging App to Outsmart a Government Blackout Amid Mass Protests The Indian government has directed GitHub to remove Jack Dorsey‘s Bitchat repositories amid the ongoing student protests in Delhi. Benzinga · Jul 24
Govt orders GitHub to remove Bluetooth-based chat app Bitchat over security concerns: Jack Dorsey In its notice, I4C said that the app enables communication even during network restrictions and creates a substantial risk of misuse by anti-national elements, terrorist organisations, organised criminal groups and cyber criminals seeking to evade lawful detection and continue communication despite legally imposed restrictions. The Economic Times · Jul 24
Twitter founder creates ‘Slack killer’ that treats AI as colleagues ‘This is going to completely transform how we work,’ says early Buzz user The Independent UK · Jul 23
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 · Jul 23
Twitter Founder Jack Dorsey is Making a New Slack — Should Salesforce Investors Be Worried? Jack Dorsey is best known for helping to create Twitter and Square. The entrepreneur and investor has his eyes on another venture with the recent launch of Buzz. Here’s why investors in Salesforce Inc (NYSE:CRM) and Microsoft Corporation (NASDAQ:MSFT) should be paying attention. Benzinga · Jul 22
These five celebrities are more invested in crypto than any other celebs What do entrepreneurs, venture capitalists, Hollywood socialites and elite athletes have in common? A currency that goes beyond fame The Independent UK · Jul 13
Microsoft is Cutting 4,800 Jobs: Is AI To Blame? Yes And No Microsoft Corporation (NASDAQ:MSFT) announced 4,800 job eliminations on Monday in a company note. The job cuts have sparked fears of artificial intelligence replacing human roles at one of the largest companies in the world, but the company has an explanation. Benzinga · Jul 6
Mark Zuckerberg feeds his cows nuts and beer to create the ‘highest-quality beef in the world’ on his $300 million estate in Hawaii “I'm very into the genetics of the cattle,” the Meta CEO said. Fortune · Jul 2
Larry Ellison, Jack Dorsey and a Saudi Prince: The Surprise Winners of Spacex's IPO SpaceX's IPO raised $75 billion, valuing the company at $2.2 trillion. It created nine new billionaires and 4,400 employee millionaires, highlighting unexpected stakeholders like Larry Ellison and Prince Alwaleed. International Business Times UK · Jun 16
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. International Business Times UK · May 22
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… The Economic Times · May 21
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. MarketBeat · May 20
The Guardian - US · May 15 ‘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
Barchart · May 11 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.
TechRadar · May 6 Vine is coming back, and it’s being relaunched by the guy who killed it — say hello to Jack Dorsey’s Divine, a TikTok and Instagram Stories rival with a ferocious ambition to end AI slop Jack Dorsey is relaunching Vine as Divine nearly 10 years after he killed it.
The Guardian - UK · May 4 Vine video-sharing app is back – and battling AI slop Twitter co-founder Jack Dorsey is backing new version of app called Divine, where content must be made by a human
International Business Times UK · Apr 30 'Stop Hiring Humans' Campaign Returns to San Francisco — Why the City That Built AI Is No Longer Laughing A plane carrying Artisan's 'Stop Hiring Humans' banner flew over San Francisco as AI-driven layoffs at Pinterest and Block turn a viral marketing stunt into a symbol of real workforce anxiety.
Fortune · Apr 27 Apple’s longtime CEO sat out the crypto revolution. His successor should choose a different path Unlike Tim Cook, incoming CEO John Ternus has a reputation as a decisive, product-focused leader.
The Guardian - UK · Apr 20 How can you tell if your boss has a big ego? Their email habits are a definite tell Only those in unassailable positions of power would ditch capital letters – or reply to colleagues with a thumbs up emoji, writes Emma Beddington
Fortune · Apr 17 Twitter cofounder Jack Dorsey breaks down his thought process when he laid off 40% of his Block staff because of AI Jack Dorsey, CEO of Block, laid off 40% of his staff after working out the “minimal number of people” to run his $41 billion fintech company.
Fortune · Apr 2 Jack Dorsey and Roelof Botha think AI can make middle management obsolete The Silicon Valley execs want companies to function as a “mini artificial general intelligence,” and leave traditional corporate hierarchy behind.
Fortune · Mar 31 Marc Andreessen says AI layoffs are a farce: Companies are 75% overstaffed and AI is the ‘silver bullet excuse’ to clean house The venture capitalist thinks companies are citing AI as an excuse to cut down workforces for alternative reasons.
Barchart · Mar 27 Andy Jassy and Jack Dorsey Blamed AI for Massive Layoffs, but OpenAI CEO Sam Altman Warns ‘AI Washing’ Is Real. What’s Really Going on with Huge Job Cuts? More and more Silicon Valley CEOs are blaming job losses on AI. But according to OpenAI CEO Sam Altman, these big layoffs have less to do with technology and more to do with traditional business fundamentals.