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Jack Dorsey has been many things in his career, including social media pioneer and crypto advocate. Now he’s the grim reaper of AI. Dorsey on Thursday revealed he will lay off 40% of the employees, or about 4,000 people, at his fintech firm, Block. The reason? AI. “The core thesis is simple,” he explained in a shareholder letter. “Intelligence tools have changed what it means to build and run a company.” Now, Dorsey, a former CEO of Twitter, has never been known for his management skills. It’s possible Bloc
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Google’s latest AI image model, Nano Banana 2, wants to make your visuals pop, with sharper details, real-time knowledge, and less waiting time. Here is what is different in the new version. Read more ›
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There's a specific kind of loss that happens when you outgrow someone you still genuinely care about, and our culture has almost nothing to say about it. Understanding this unnamed grief is the first step toward navigating it with honesty and self-compassion. Read more ›
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Analysts say the latest drop appears to be a leverage flush and positioning cleanup rather than a structural trend reversal Read more ›
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The feeling of falling behind is one of the most common sources of quiet suffering among ambitious people. Psychology reveals the timeline causing that pain was likely assembled from other people's milestones, cultural defaults, and benchmarks you never consciously chose. Read more ›
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Сегодня утром я прошёл лайв-кодинг в одну англо-продуктовую компанию. Написал ноль строчек кода руками. Задеплоил результат на свою VPS прямо во время звонка. Интервьюер сказал: "It's so wonderful just how much everything has changed." А неделю назад другая компания не зачла мне тестовое, потому что я забыл про запрет AI.20+ собесов за последние месяцы. Фронтенд, бэкенд, фулстек, AI-инженер. Python, TypeScript. Разные рынки, разные компании, совершенно разное отношение к одному и... Read more ›
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Business and political leaders discuss the impact of the deal, from antitrust concerns to Netflix's big breakup fee. Read more ›
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Most of us are trained to justify every decision we make. But the people who quietly stopped explaining themselves discovered something surprising: silence communicates conviction far more powerfully than any justification ever could. Read more ›
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The New York City mayor went to the Oval Office on Thursday with fake newspapers that got the president beaming. Read more ›
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Sam Altman wrote on X that the "best research teams are built through context, taste and a real feel for where the field is headed next." Read more ›
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US holding talks with AI groups to identify vulnerabilities in Chinese networks and feed US war planning Read more ›
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Project Prometheus in new talks with Abu Dhabi and JPMorgan over vehicle to buy up businesses disrupted by the technology Read more ›
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Realme's Narzo sub-brand is about to add a new member. The company has revealed that the Narzo Power 5G is going to be launching in India on March 5, and it will sport a huge 10,001 mAh battery. If that number sounds eerily familiar to you, that's because it's the exact same battery capacity employed by the Realme P4 Power, which was launched a few weeks ago. Nero’s phone doesn’t... Read more ›
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Green hydrogen could be a game-changer for the clean energy transition—but right now, it’s too expensive and still relies on harmful “forever chemicals.” A new EU-backed project called SUPREME aims to fix that by reinventing how hydrogen is made. Led by the University of Southern Denmark with partners across Europe, researchers are developing a PFAS-free electrolysis system that slashes the use of rare metals like iridium and dramatically cuts costs. Read more ›
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Block is cutting 4,000 jobs in a sweeping reset that signals a leaner, AI-driven future. Employees affected by the cuts were offered 20 weeks of salary, six months of healthcare coverage, and a $5,000 transition payment. Read more ›
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Moving over for stopped emergency vehicles isn't just the right thing to do, it's also the law, and those laws are beginning to get a lot tougher. Read more ›
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The Information
OpenAI has more than 200 people working on a family of AI-powered devices that will include a smart speaker and possibly smart glasses and a smart lamp, according to a person with knowledge of the plans. New details are starting to emerge about the group and its development strategy. The smart speaker—the first device OpenAI will release—is likely to be priced between $200 and $300, according to two people with... Read more ›
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OpenAI recently raised its outlook for revenue for the next five years, predicting it would generate about 27% more than previously forecast from sales of its ChatGPT subscriptions and other business lines, The Information reported Friday. But it warned it will burn more than twice as much cash ... Read more ›
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OpenAI recently hiked its revenue outlook for the next five years, predicting that it would generate about 27% more than previously forecast from sales of its ChatGPT subscriptions, AI models, and newer business lines such as advertising and hardware, according to financial forecasts. But it warned it will burn more than twice as much cash through 2030 than previously predicted, as it spends $665 billion on the costs of running... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: A radical bet on a totally different type of longevity cure • The Top 5: The best home sauna tech• Plus, Recommendations—our weekly pop culture picks: “The Secret World of Roald Dahl,” “Vigil” and “Love Story”Judging strictly by appearances, anyone who is anyone in tech is looking to carve out a niche for themselves in AI. The smart ones are asking themselves... Read more ›
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The tech world is a realm that enjoys obsessing over the newest things: the vibe coding apps, the orchestrating agents, the driverless cars. It also enjoys modernizing the very ancient. The latest example: saunas, which are believed to have existed in some form or another since the Stone Age. They’ve been popular gathering points since the Romans embraced bathing as a public pastime, and lately, there’s been a boomlet in... Read more ›
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OpenAI unveiled long term partnerships with consulting groups McKinsey & Company, Accenture, Boston Consulting Group, and Capgemini aimed at promoting its “Frontier” software for managing AI agents to businesses, in OpenAI’s latest shot at enterprise software firms. The offering will compete ... Read more ›
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Before we get to what’s coming this week, let’s take a moment to honor the company that has honed the power of magical thinking. That would be OpenAI, whose latest long term revenue and profit projections we reported on Friday night here. The most important element of the report was that in 2025, the cost of running AI models quadrupled, so the company’s gross margin fell to 33%, which is... Read more ›
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President Donald Trump called on Netflix to kick former Biden administration official Susan Rice off its board, “or pay the consequences.” His comments came after Rice said on a podcast that if Democrats win control of the House of Representatives this fall “there will be an accountability ... Read more ›
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Nvidia is planning to release a new chip in the first half of this year for consumer laptops and desktops in collaboration with Taiwanese chip designer MediaTek, The Wall Street Journal reported. PC makers such as Dell Technologies and Lenovo Group are working on products using the chip, which ... Read more ›
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Elon Musk said Monday that SpaceX has been cutting prices for its Starlink satellite internet service to reach more customers. He made the comments in response to an article in The Information on the topic. SpaceX has introduced cheaper plans in the U.S. and other countries in recent months, has ... Read more ›
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Most popular sources
The Fintech Times
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Mashable
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ScienceDaily
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Tech.eu
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Irish Tech News
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27.02.2026 00:23
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