Charlotte Observer

Passenger was pinned in crashed plane and ‘had to be cut out,’ NC sheriff says

A Piper Aircraft crashed in the Indian Trail area of Union County, leaving a passenger pinned inside until rescuers could cut him out, according to the Union County Sheriff’s Office. It happened ...
Observer

Block, A.I. and the Front-Running of the Curve

The rise of the temporal agentic operating system could redefine how companies structure human labor. Photo by Joe Raedle/Getty Images The stock surge delivers an important and, honestly, rather ...
Seeking Alpha

Block stock climbs 13% after massive headcount cut

Block stock gained 13% in Friday midday trading, paring from the 20%+ jump it experienced in Thursday after-hours trading. The stock action came after the payment tech company unveiled a stunning ...
Seeking Alpha

ETF impact: Block’s 40% workforce cut fuels 20% rally and these funds are taking notice

Shares of Block, Inc. (XYZ) surged 20% on Friday after the financial technology firm unveiled a sweeping workforce reduction plan, cutting headcount by over 40%. Management said advances in ...
CNBC

Opinion: Block's layoffs might just be the biggest story of a tumultuous week. Here's why

Block, Jack Dorsey's payments company, will cut 4,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's "time we got better answers" to questions about what jobs the technology ...
Observer

Jack Dorsey Cut Half of Block’s Workforce and Wall Street Threw a Party

Jack Dorsey is one of the most consequential entrepreneurs of his generation. When someone with that track record says A.I. is about to reshape every company in America, and then proves he means it by ...
Morningstar

Block says AI will let it cut more than 4,000 jobs. Some argue that's not the whole story.

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...
CoinTelegraph

Jack Dorsey’s Block to cut 4,000 jobs in AI-driven restructuring

In a shareholder letter, Dorsey said he expects other companies to follow suit soon and reduce headcount in the wake of AI advancements. Update (Feb.27, 1:25 Am UTC): This article has been updated to ...
CNN

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...
KSDK

Spirit Airlines plans to cut more flights and sell planes to emerge from bankruptcy

DANIA BEACH, Fla. — Spirit Airlines plans to emerge from its bankruptcy woes as a much leaner airline around early spring. The budget flight icon's parent company announced Tuesday that it has reached ...
WKOW

UW student builds impressive igloo on Lake Mendota with hand-cut ice blocks

MADISON, (WKOW) — University of Wisconsin student Henry Fries has built an igloo on Lake Mendota using hand-cut ice blocks. Fries, an igloo builder and architect, drew inspiration from his childhood. ...
CoinTelegraph

Jack Dorsey’s Block may cut up to 10% of staff in business overhaul: Report

Analysts forecast Block to post $403 million in Q4 profit on $6.25 billion revenue, following a third quarter marked by strong gross profit growth but mixed market reaction. Jack Dorsey’s payments ...