Every time you send a text, pay for groceries with your phone, or use your health site, you are relying on encryption. It’s an invisible shield that protects your data from prying eyes. Encryption is ...

When Block Inc. laid off nearly half its staff last week, co-founder Jack Dorsey offered a seemingly simple explanation: Artificial intelligence was allowing the company to do more with fewer ...

Jack Dorsey announced major layoffs at Block, cutting nearly half of its workforce. Dorsey said AI was behind the cuts, and the company's stock rose over 20% in after-hours trading. Tech and VC ...

Block to cut over 4,000 jobs CEO says AI has changed how a company is run Stock surges 25% after market Analysts call cuts a "seminal moment" in AI era Feb 26 (Reuters) - Block (XYZ.N), opens new tab ...

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly ...

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said. By Natallie Rocha Reporting from San Francisco Block, ...

Jack Dorsey’s decision to lay off hundreds of employees and aggressively promote the use of artificial intelligence at his financial services company, Block Inc., has led to riled workers downgrading ...

State Street, a bank with a market cap of about $36 billion, is positioning itself as a bridge between traditional and digital finance — and it's not waiting for the future to arrive. On Thursday, the ...

Microsoft is killing off an obsolete and vulnerable encryption cipher that Windows has supported by default for 26 years following more than a decade of devastating hacks that exploited it and ...

A panel of three federal judges on Tuesday blocked Texas from using a new congressional map drawn by Republicans in hopes of securing the party additional seats in the 2026 midterm elections, ruling 2 ...