Block

Organization

Fintech company that conducted a 50% job cut, which the CEO attributed to AI, though critics suspect 'AI washing'.


First Mentioned

5/30/2026, 5:57:27 AM

Last Updated

5/30/2026, 5:59:36 AM

Research Retrieved

5/30/2026, 5:59:36 AM

Summary

Block, Inc. (formerly Square, Inc.) is an American technology company and financial services provider founded in 2009 by Jack Dorsey. Headquartered in Oakland, California, the company is a market leader in point-of-sale systems and digital financial services, operating major ecosystems such as Square and Cash App, alongside Afterpay, Bitkey, Proto, and Tidal. Block has been a subject of discussion regarding AI's impact on employment, with debates on whether its structural job cuts are driven by AI automation or general corporate adjustments.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Users

    57 million (as of 2024)

  • Founded

    2009

  • Founder

    Jack Dorsey

  • Sellers

    4 million (as of 2024)

  • Industry

    Financial Services, Technology

  • Key People

    Jack Dorsey (Leader/CEO), Amrita Ahuja (COO + CFO)

  • Former Name

    Square, Inc.

  • Headquarters

    Oakland, California, United States

  • Key Products

    Square, Cash App, Afterpay, Bitkey, Proto, Tidal

  • Annual Payment Volume

    $241 billion (as of 2024)

Timeline
  • Conceived and founded as Square, Inc. by Jack Dorsey, launching its inaugural point-of-sale system. (Source: Web Search)

    2009-01-01

  • Introduced Cash App, a consumer-focused digital wallet. (Source: Web Search)

    2013-01-01

  • Acquired majority ownership of music streaming service Tidal for $297 million. (Source: Web Search)

    2021-01-01

  • Reported serving 57 million users and 4 million sellers, processing $241 billion in payments annually. (Source: Web Search)

    2024-01-01

Block

Block or blocked may refer to:

Web Search Results
  • Block, Inc. - Wikipedia

    Block's inaugural product Square "Square (payment system)"), launched in 2009, is a point-of-sale system. It allows sellers to accept card payments and manage operations, including bookings, e-commerce, inventory, payroll, banking, and obtaining business loans. Additionally, Block's portfolio includes Cash App, a consumer-focused digital wallet introduced in 2013. This app allows users to send, receive, save or borrow money, access a debit card, invest in stocks and bitcoin, and file taxes. Block also owns Afterpay, a buy now, pay later business; Bitkey, a self-custody bitcoin wallet; Proto, a bitcoin mining system; and Tidal "Tidal (service)"), a music streaming business. ## History ### 2009: Conception [...] Increase Increase Decrease Increase Increase Block, Inc. (formerly Square, Inc.) is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually. [...] Tidal is a high-definition music streaming service with a catalog of over 100 million songs across various genres. It only offers a subscription based plan. Originally launched in 2014 by Aspiro, a Norwegian company, Tidal was purchased in 2015 by American rapper Jay-Z for $56 million, reportedly to "give artists more control over the distribution of their music". At that time, Tidal was available in the U.S., Canada, the U.K., Republic of Ireland, Finland, the Netherlands, Belgium and Luxembourg. In 2021, Block took majority ownership of Tidal for $297 million, stating it aimed to find "new ways for artists to support their work" and to create "tools that can help support musicians' businesses". Tidal was then operating in a streaming market dominated by Spotify and others, and was

  • Block

    # Block N/A Financial Services • Oakland, California • 184,960 followers • 10,001+ employees ## Overview Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams — People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more — provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block. ### Website ### Crunchbase ### LinkedIn N/A [...] about money, financial confidence, and the questions young people are carrying with them today in conversation with Cash App Financial Therapist Lindsay Bryan-Podvin, LMSW . We even did a closing bell tour of the trading floor, which was a first for the students (and for me!). At Block , we think a lot about how to build products and experiences that actually meet the next generation where they are and the ways they are already shaping the future of how people earn, spend, save, and build independence. That means we have a responsibility to make finance feel more understandable, accessible, and relevant to their lives. I’m grateful to every student who spoke up and shared their perspectives and questions with us - you all filled the room with so much curiosity and insight. And to the [...] NYSE (23h): "What we saw was broad-based growth across each of our ecosystems, Square and Cash App , that led to acceleration in our gross profit growth." Hear more from Amrita Ahuja , COO + CFO of Block as she explains the latest financial results such as gross profit increase of 27% YoY (NYSE: XYZ) ⤵️ [Likes: 102, Comments: 2]; Block (1d): We're working with signals from customers across Block. Listening, learning, and iterating is how we work. [Likes: 20, Comments: 0]; Amrita Ahuja (1d): Back from the east coast and spending time with students from Comp Sci High in the Bronx, The High School of Fashion Industries , and members of our Cash App Teen Advisory Council at the New York Stock Exchange. We hosted a roundtable to talk about money, financial confidence, and the questions young

  • Guide to Architectural Blocks | Nitterhouse Masonry

    Concrete wall blocks feature clean, consistent sizing, so they stack up evenly. They offer a uniform look for outdoor spaces. These blocks come in a variety of shapes, colors and textures to enhance or reinforce various design concepts. These blocks provide limitless possibilities when it comes to outdoor landscaping projects. Some examples include: Benches and seating Steps Plant holders Decorative walls Garden walls ## View Our Full Selection of Architectural Block Styles If you’re looking for durable architectural blocks that add value to any construction project, turn to Nitterhouse Masonry Products. We manufacture all of our CMUs with the highest-quality materials, devoting high precision and care to each of our innovations. [...] ## Architectural Block Finishes You’ll find a variety of sturdy, eco-friendly architectural building blocks for commercial and residential projects alike, carefully designed and crafted with rock, sand, water and cement. These blocks are ideal for both interior and exterior applications, providing buildings with long-lasting finish and strength. CMUs are available in numerous shapes, sizes, colors and styles, so you can easily find the right products for your unique needs and specifications. Explore the different architectural block finishes available below. ### 1. Polished [...] ### 6. Monarch Blox Monarch Blox architectural blocks allow you to achieve a clay brick appearance with concrete properties. They’re more realistic-looking and durable than many other brick alternatives, featuring the height of a traditional brick with the depth and length of a concrete block. You can choose from various color blends — like desert, chestnut, mahogany and rustic — as well as three different sizes, making it easy to match your project’s specifications. These blocks suit a variety of commercial applications, from shopping centers to office buildings. They also meet ASTM-C90 standards, designed for use in both above and below grade. When choosing Monarch Blox, you can also enjoy the following perks:

  • Concrete Blocks (CMUs): Definition, Uses and Advantages - MEKA Global

    Pumice-based (Lightweight) Block: These are made with natural pumice, which makes them surprisingly light. They're great at blocking heat and are very easy to cut and handle on-site. You'll see them used mostly for interior partition walls and filling in frames. Concrete (Normal-weight) Block: This is your standard, heavy-duty block made with sand and gravel. It's much stronger and tougher, so it's the go-to choice for outdoor projects like garden walls, fences, and perimeter walls that need to stand up to the elements. Slag/Special Aggregate Block: Sometimes a project needs something very specific, like a certain density or extra strength. These blocks are custom-mixed with special materials to hit those exact targets. [...] ## What is a Concrete Block? Definition A concrete block, often called a Concrete Masonry Unit (CMU), is a modular masonry element manufactured by vibro-pressing a mix of cementitious binder, lightweight or normal-weight aggregates, water and performance admixtures. Units are commonly hollow to reduce weight and to enhance thermal and acoustic behavior.1 Standardized dimensions support repeatable, fast wall construction across a wide range of applications such as non-load-bearing partitions, infill walls, garden/perimeter walls and industrial partitions. [...] Geometric Variants: Blocks aren't just simple rectangles. They come in all sorts of useful shapes, like half-blocks for staggering joints, special corner pieces, and blocks with built-in channels to make running pipes and electrical conduit much easier.

  • Block, Inc. (XYZ) Stock Price, News, Quote & History - Yahoo Finance

    Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments: Square and Cash App. The Square segment offers managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. It also offers Square Handheld, a portable point-of sale device for transaction purposes. The Cash App segment offers financial tools, including peer-to-peer payments, [...] Block, Inc. has secured a partnership with The Hat for its unified commerce platform, while analysts raise price targets amid positive Q1 results. Fiserv is focusing on growth through AI and banking services, aiming for a stronger second half of the year. Updated 24m ago · Powered by Yahoo Scout View more Previous Close 68.65 Open 68.11 Bid 67.50 x 40000 Ask 68.05 x 20000 Day's Range 67.08 - 68.96 52 Week Range 48.21 - 82.50 Volume 4,907,562 Avg. Volume 7,269,401 Market Cap (intraday) 40.52B Beta (5Y Monthly) 2.57 PE Ratio (TTM) 53.19 EPS (TTM) 1.28 Earnings Date May 7, 2026 Forward Dividend & Yield -- Ex-Dividend Date -- 1y Target Est 90.20 ## Block, Inc. Overview Software - Infrastructure / Technology

Location Data

Block, Campbell County, East Tennessee, Tennessee, United States

hamlet

Coordinates: 36.3420241, -84.2546521

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