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UNCOVERED: Block | History Defined

PayPal's Board Thinks Stripe And Advent's $53 Billion Offer Is Too Low. The Rejection Could Set The Stage For A Bigger Bid.

PayPal's board believes the $53 billion takeover proposal from Stripe and Advent International does not adequately value the payments giant.

International Business Times

PayPal board sees Stripe-Advent's $53 billion bid as undervaluing company, sources say

PayPal's board considers a $53 billion takeover bid from Stripe and Advent International as undervalued. The company has not formally responded to the proposal from the consortium. Stripe and Advent have secured a $50 billion financing package for their offer. PayPal's board is evaluating the bid against its own turnaround…

The Economic Times

Cash App $45m Settlement Prompts Payment Scramble Across 46 States—What Reddit Users Found

Cash App's parent company settles a $45 million fraud case, leading to security upgrades and sparking user discussions on Reddit about compensation and eligibility.

International Business Times UK

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Polish Your Hard Hats ‘Cos The Block Has Officially Dropped Its Cast List For 2026

The Block Australia is back for 2026 in its 22nd season. Here's the full cast and teams who are about to break ground in Mount Eliza.

Pedestrian.tv

Tether Is Investing $20 Million In Brazil's Mercado Bitcoin As Latin America Becomes A Bigger Bet For Tokenized Finance.

Mercado Bitcoin plans to use the funding to grow its payments, lending, tokenized investment products and international operations.

International Business Times

Block Stock Just Scored a Double Upgrade From Piper Sandler. Here's Why.

Piper Sandler double-upgrades Block stock to "Overweight" and raises its price target to $100. Here’s why the investment firm recommends buying XYZ shares at the current price.

Barchart

Block Stock’s Unusual Options Activity Offers Something for Both Bulls and Bears

Block's overall options volume on Wednesday came in near its 30-day average, but five contracts stood out for unusual activity — all expiring within 15 days. They provide several affordable multi-leg setups worth considering from either side of the trade

Barchart

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87,714 Jobs Have Already Been Lost This Year To AI, But Billionaire Nvidia CEO Jensen Huang Says AI Taking Jobs Is ‘Complete Nonsense’

Nvidia’s CEO is pushing back hard on the scariest AI jobs narrative, but his argument raises a different warning for workers: AI may reset what productivity is supposed to look like.

Barchart

Around 22 million teenagers are making their pocket money on video games, online reselling, and in-game platforms like Roblox

The Gen Alpha are making money from their online hobbies and managing multiple streams of income from just 13 years old.

Fortune

Why Google's AI Chief Thinks Tech Giants Are Panicking

For months, a single fear has dominated conversations across the technology industry: will artificial intelligence replace software engineers? As layoffs continue to sweep through major companies, many workers have begun to wonder whether AI is becoming a replacement rather than a tool. But one of the most respected voices in…

MyLifeXP

Apollo chief economist says there's ‘zero evidence’ AI is killing jobs—in fact, he says it's creating them

Torsten Sløk, chief economist at Apollo, says AI will only create more jobs for human workers—even as companies tie their layoffs to the tech.

Fortune

CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. 'They've been saying that for 20 years'

Companies like Wix, Snap, and Block have all recently pointed to AI to explain cuts.

Fortune

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

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

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MarketBeat

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.

The Guardian - US

‘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

The Independent UK

From Cisco to Block, more companies are pointing to AI when unveiling job cuts

Layoffs have been piling up recently, especially in the tech world

Barchart

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.

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International Business Times UK

'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.

The Conversation

Meta and Microsoft have joined the tech layoff tsunami. Is AI really to blame?

Meta and Microsoft are the latest software companies to announce big cuts to their global workforce. Both companies are also making big investments in artificial intelligence (AI).

Barchart

Here's What to Expect From Block's Next Earnings Report

Block is set to deliver its first-quarter results next month, and analysts project double-digit earnings dip.

The Independent UK

Facing the death of its dominant newspaper, Pittsburgh media has surprising turnaround

Things looked bleak for media in Pittsburgh until a stunning turnaround

The Independent UK

After facing the death of its dominant newspaper, Pittsburgh's media has a surprising turnaround

Things looked bleak for media in Pittsburgh until a stunning turnaround

Fortune

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

Online response to the attack on Sam Altman's house shows a generational divide

Gen Z is furious about AI, and so is the American countryside.

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Sebastian Siemiatkowski

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