Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
Bitcoin briefly dropped to as low as $60K on February 5, its lowest level since November 2024 and down ~50% from its October 2025 peak, as global markets fall
from Epstein to quantum to AI to the death of crypto twitter — clobbering the coins [image]@luke_metro:how low does crypto have to drop before I never have to hear about Fairshake ...
Strategy reports Q4 net loss up 1,749% YoY to $12.4B, as BTC trades below the company's $76,052 average purchase price; MSTR is down ~60% over the past year
Shares of the bitcoin-stockpiling company have fallen sharply since crypto prices touched all-time highs in October
xAI raised a $20B Series E, exceeding its $15B targeted round size, with participation from Valor, Nvidia, and others, and says Grok 5 is currently in training
xAI is rapidly accelerating its progress in building advanced AI. — xAI completed its upsized Series E funding round …
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
anybody who knows anything about AI chips knows groq's first gen chips aren't competitive but maybe their upcoming chips might have been able to threaten nvidia? @josephjacks_ : Ov...
Sources: Nvidia's licensing deal with Groq, which has raised ~$1.8B, includes payouts to Groq's key execs and investors, including BlackRock and Tiger Global
Nvidia stunned Silicon Valley on Wednesday by agreeing to pay about $20 billion to license technology from Groq …
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
Nvidia Corp. agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected …
The reaction to NYT's David Sacks story aside, Sacks is pushing policies to help the US win the AI race, which also benefit him, his allies, and even his foes
Top of the Morning — I come here neither to praise nor pillory David Sacks, the venture capitalist who spends half …
How David Sacks' AI and crypto policies in Trump's White House benefit his investments, those of his Silicon Valley friends, and the All-In podcast he co-hosts
Calls Conflict Claims “Nothing Burger” Mike Pearl / Gizmodo : 438 Reasons to Doubt that David Sacks Should Work for the Federal Government Mark Toon / Protos : David Sacks sends si...
X starts rolling out About This Account globally, letting users see the country or region where an X account is based by tapping the signup date on the profile
In a couple hours, we'll be rolling out About This Account globally, allowing you to see the country or region where an account is based. This will be accessible by tapping the sig...
X's new About This Account feature reveals that some top accounts, including many MAGA influencers, are based in countries like Russia, India, and Nigeria
ROLE PLAY — A new feature on Elon Musk's X has given deeper insight into the online “America First” movement.
Tesla shareholders approve Elon Musk's $1T pay package, divided into 12 tranches of milestones, including expanding Tesla's market cap to $8.5T over 10 years
Musk had threatened to leave Tesla if the record-setting package didn't pass — Tesla shareholders approved a record-setting pay package …
In a letter to Rep. Jim Jordan, YouTube says it will reinstate creators it banned for COVID and election misinfo, and blames Biden officials for the bans
This. Big Tech had the legal power to stop censorship and make good law, and didn't use it. Hopefully they'll have more courage in future. Elon Musk / @elonmusk : Well done! Julia ...
A profile of Luke Farritor, a 23-year-old Thiel Fellow who gained recognition for using AI to help decipher the Herculaneum papyri and later joined DOGE
Luke Farritor could have been an artist, or a builder, or someone dedicated to seeing a great historical mystery through.
How Shaun Maguire dragged Sequoia into culture wars; emails show senior partner Doug Leone defended Maguire in distinguishing between “Islamists” and “Muslims”
Sequoia Capital, which backed Nvidia, Google and Apple when they were start-ups, has long stayed above the fray.
How Shaun Maguire dragged Sequoia into culture wars; emails show senior partner Doug Leone defended Maguire in distinguishing between “Islamists” and “Muslims”
Sequoia Capital, which backed Nvidia, Google and Apple when they were start-ups, has long stayed above the fray.
How Shaun Maguire dragged Sequoia into culture wars; emails show senior partner Doug Leone defended Maguire in distinguishing between “Islamists” and “Muslims”
Sequoia Capital, which backed Nvidia, Google and Apple when they were start-ups, has long stayed above the fray.
How Shaun Maguire dragged Sequoia into culture wars; emails show senior partner Doug Leone defended Maguire in distinguishing between “Islamists” and “Muslims”
Sequoia Capital, which backed Nvidia, Google and Apple when they were start-ups, has long stayed above the fray. X: @mikeisaac , @shaunmmaguire , @shaunmmaguire , @shaunmmaguire , ...
How Shaun Maguire dragged Sequoia into culture wars; emails show senior partner Doug Leone defended Maguire in distinguishing between “Islamists” and “Muslims”
Sequoia Capital, which backed Nvidia, Google and Apple when they were start-ups, has long stayed above the fray. X: @mikeisaac , @shaunmmaguire , @shaunmmaguire , @shaunmmaguire , ...