Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images During the crypto-crazed summer of 2021, when memecoins such as dogecoin and Shiba Inu were rocketing alongside bitcoin and ethereum, Square founder Jack Dorsey announced that … Read more
Block reported third-quarter revenue on Thursday that trailed Wall Street expectations. The stock initially sold off after hours but erased most of its losses as investors focused more on profitability metrics. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 88 cents adjusted vs. 87 cents expected Revenue: … Read more
Marco Bello | AFP | Getty Images LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in the U.K. in a bid to deepen its expansion into the country and take on big incumbents like American Express. The firm’s business-focused payments arm, Square, told CNBC that it … Read more
Jack Dorsey, co-founder and former CEO of X/Twitter until he resigned in 2021, has left the board of X rival Bluesky, a decentralized social media network he helped create, fund, and promote. Bluesky started as a small research project within then-Twitter in 2019 and became its own platform in 2022. The company’s goal is to … Read more
New Delhi: Jack Dorsey, who founded Twitter (now called X), has quit the board of Bluesky, a decentralised social media platform he also helped co-founded. The company said in a post that it is now searching for a new board member. “With Jack’s departure, we are searching for a new board member for the Bluesky … Read more
Block reported first-quarter earnings after the bell Thursday that exceeded analysts’ estimates. The stock rose more than 7% in extended trading. Here’s how the company did, compared with analysts’ consensus estimates from LSEG. Earnings per share: 85 cents adjusted vs. 72 cents expected Revenue: $5.96 billion vs. $5.82 billion expected Block, formerly known as Square, … Read more
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