JackDorsey

Block Inc. Agrees to $40 Million Settlement in High-Profile New York Case

11 days ago

In a significant turn of events, Block Inc., the payment processing giant founded by Jack Dorsey, has reached a settlement of $40 million to resolve allegations of improper practices around its cash app services in New York City. The decision comes amid rising scrutiny surrounding tech companies and their business ethics in the financial sector.

Jack Dorsey’s Block Expands into Banking Despite Tumbling Stock Price

18 days ago

In a bold move, Block Inc., the payment processing company co-founded by Twitter co-creator Jack Dorsey, is venturing into the banking sector amidst a backdrop of declining stock prices. The announcement reflects the company's growing ambition to diversify its financial services beyond digital payments.

Block Inc. Shares Drop Following Disappointing Fourth Quarter Earnings

2 months ago

Block Inc., the financial technology company co-founded by Jack Dorsey, has seen a significant decline in its stock price after releasing its fourth-quarter financial results, which failed to meet analysts' expectations. The report comes amid an increasingly competitive environment in the digital payments sector and raises concerns about the company's growth trajectory moving forward.