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Block, Jack Dorsey's company, cut over 4,000 staff (40%) despite strong financial performance, attributing it to new AI efficiencies and a pivot to an "intelligence-native" operational model. This move, driven by a focus on "agentic AI infrastructure," signals a fundamental shift in how tech companies might scale and manage operations. It prompts other enterprises to audit their own workflows for similar AI-driven consolidation.

Block, led by Jack Dorsey, slashed over 4,000 employees, nearly half its global workforce, citing AI as a proactive strategy to boost agility. Dorsey predicted similar widespread cuts across the industry. The move sent Block's stock soaring over 24% in after-hours trading.

The EU's €93 billion Horizon Europe program has undergone a significant transformation in 2026, largely blocking Chinese organizations from receiving EU funding in critical tech areas like AI and semiconductors. This strategic shift is driven by concerns over research security and intellectual property, reflecting Europe's evolving approach to global scientific partnerships amidst geopolitical complexities.

Wisconsin Reverses Decision to Ban VPNs in Age-Verification Bill A significant legislative development in Wisconsin has seen the state reverse a provision that would have mandated websites to block Virtual Private