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Jack dorsey
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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FinTech
US Prosecutors Probe Jack Dorsey's Block over Compliance Concerns: Report
2024-05-01T22:12:24.048+02:00
Internal documents reportedly suggest compliance issues within Square and Cash App.
Similar concerns were raised against Binance, leading to a four-month prison sentence against its founder, Changpeng Zhao.
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FinTech
Dorsey's Block Stuns with Q4 Earnings Beat, Shares Skyrocket
2024-02-23T10:08:43.869+02:00
The company's earnings exceeded estimates, driving shares up 14% in after-hours trading.
Surprise profit and strong Cash App growth propel Block's optimistic financial outlook.
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Damian Chmiel
FinTech
Block's Big Trim: Dorsey's Firm Initiates Cost-Cutting Layoffs
2024-01-31T12:32:41.815+02:00
Fintech begins layoffs as part of cost-cutting, aiming to reduce staff to 12,000 by 2024.
Block's stock remains stable despite layoffs, and analysts see cost focus as beneficial.
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Damian Chmiel
News
Jack Dorsey’s First Tweet Gets $280 Highest Bid in Reselling Auction
2022-04-14T10:29:18.900+02:00
The tweet was first sold for $2.9 million last March.
The buyer is now seeking $48 million for the tweet.
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Arnab Shome
News
Square Inc. (NYSE: SQ) Buys $170 Million Worth of Bitcoin
2021-02-24T00:56:21.000+02:00
The payments firm is believed to have paid approximately $51,000 per bitcoin.
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Finance Magnates Staff
Payments
Square to Launch Bank in 2021 Following Merchant Lending Approval
2020-03-19T12:14:00.000+02:00
The company also received the go-ahead from the Utah Department of Financial Institutions.
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Arnab Shome
News
Twitter Adds Bitcoin Emoji: Dorsey's Latest Show of Support for BTC
2020-02-03T09:13:52.000+02:00
The CEO & co-founder of Twitter has long been a major advocate for Bitcoin.
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Rachel McIntosh
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News
‘Hell No’: Jack Dorsey’s Strong Response Against Joining Libra
2019-10-25T12:05:48.000+02:00
He criticized the project, even calling it a “gimmick.”
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Arnab Shome
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Square Doubles Its Quarterly Bitcoin Sales Revenue in Q2
2019-08-02T11:08:17.000+02:00
The company generated a profit of $2 million from selling Bitcoin.
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Arnab Shome
News
Square Records $65 Million in Bitcoin Revenue in Q1 2019
2019-05-02T10:49:16.000+02:00
The profits from the sales were capped at $832,000.
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Arnab Shome
News
Twitter CEO Jack Dorsey Launches Open-Source Bitcoin Dev Team
2019-03-22T09:53:17.000+02:00
Dorsey who is also the CEO of Square, says the effort is designed to improve the BTC ecosystem.
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Rachel McIntosh
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Square Records $166 Million in Bitcoin Revenue in 2018
2019-02-28T13:22:48.000+02:00
Despite the impressive revenue, the firm pocketed only $1.69 million from BTC sales.
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Arnab Shome
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Twitter CEO: Bitcoin will be the Internet’s ‘Native Currency’
2019-02-04T11:36:52.000+02:00
He also founded payments platform Square, which offers Bitcoin trading services.
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Arnab Shome
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Cash App Bitcoin Transactions Now Available in All 50 US States
2018-08-14T12:41:02.000+02:00
Previously, the feature was not available to residents of Georgia, Wyoming and Hawaii.
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Simon Golstein
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