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CEO Jack Dorsey issues a dire warning about AI's impact as he cuts Block by almost half

Thu, 02/26/2026 - 18:14

Tech Insider : Economy, Technology, Business

Block CEO Jack Dorsey.
Joe Raedle/Getty Images

Tech, AI, Economy, AI, artificial-intelligence, layoffs, technology

Anthropic says it can't 'in good conscience' agree to the military's terms over the use of its AI

Thu, 02/26/2026 - 18:13

Tech Insider : Business, Technology

Anthropic CEO Dario Amodei.
Chance Yeh/Getty Images for HubSpot

AI, Military & Defense, anthropic, department-of-defense

Netflix drops out of the WBD bidding war, paving the way for David Ellison's Paramount to buy it

Thu, 02/26/2026 - 18:05

Tech Insider : Business

WBD Sarandos — Warner Bros. has been the subject of a monthslong tug-of-war between Paramount and Netflix, which is led by co-CEO Ted Sarandos.
Mario Tama/Getty Images; Chris Pizzello/AP

Media, limited-synd, Media, netflix, warner-bros, warner-bros-discovery, wbd

Block, the parent of Square and Cash App, is laying off over 4,000 people

Thu, 02/26/2026 - 17:33

Engadget : Business

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools.

Finance , site|engadget , provider_name|Engadget , region|US , language|en-US , author_name|Anna Washenko

They were about to shut down their business. Then a raw TikTok changed everything.

Thu, 02/26/2026 - 17:26

Tech Insider : Business, Style

Portrait of ChocboxLA founders Brittany and Kevin. — Brittany Nemandoust, the founder of Chocbox, and her husband, Kevin.
Ethan Noah Roy for BI

Small Business, chelsea-jia-feng, freelance-photography, going-for-growth, es-linkedin-q3, edit-series, editorial-sponsorship

A man paid $200.57 for one night at a famous NYC hotel, then lived there rent-free for years. Now he could go to jail.

Thu, 02/26/2026 - 17:22

Tech Insider : Business

The New Yorker Hotel, center, is seen in New York.
Associated Press

Real Estate, Law, new-york-city, squatting, arrest, crime, Law

Jack Dorsey’s Block cuts nearly half of its staff in AI gamble

Thu, 02/26/2026 - 17:11

The Verge : Business

Jack Dorsey's Block, the financial tech company that runs Square and the Cash app, is cutting its workforce by "nearly half" and axing more than 4,000 jobs.