About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said.
Category: Square Inc
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Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.
The New York Times – Business: -
Investors Worry What Strong Jobs Data Means for the Economy
Inflation, recession and labor market concerns loom large over the stock market ahead of Friday’s jobs report.
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Short Seller Accuses Jack Dorsey’s Block of Facilitating Fraud
The New York Times – Business:Shares of the financial tech company plunged after Hindenburg Research said it had failed to stamp out illegal activity on its platforms, including drug sales and sex trafficking.
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Tech Is Allowing Businesses to Overcharge You in Tips
The New York Times – Business:Payment apps and touch screens have made it easy for merchants to ask us for preset gratuity amounts. We don’t need to succumb to the pressure.