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BRIEFLY: Electrical fire at Sampson-Howard Elementary School; Temporary Hogan Road closure, traffic block Tuesday

BRIEFLY: Electrical fire at Sampson-Howard Elementary School; Temporary Hogan Road closure, traffic block Tuesday ...

Blocked by lawmakers, TN Live Music Fund looks to private sector

Lawmakers block funding for the Tennessee Live Music Fund after opposition from StubHub: "Music City should lead that ...
Business Insider

Jack Dorsey outlines how AI will change Block's org chart — and replace managers with 'player-coaches'

Jack Dorsey and Roelof Botha outlined Block's AI future one month after its sweeping 40% layoffs. The company will have three types of roles, they wrote. "Player-coaches" will replace managers.
Bloomberg L.P.

Block’s Dorsey Outlines AI-Powered Vision to Cut Middle Managers

Jack Dorsey is pitching artificial intelligence as a replacement for middle managers in his reimagined view of how technology companies should function, weeks after Block Inc. announced it was cutting ...
Road & Track

Lia Block Switches to Hyundai i20 N Rally2, Sets Her Sights on WRC: 'I Want to Go to the Top'

A predisposition to rally is coded into the Block family DNA—and Lia Block has just committed her foreseeable motorsport future to the loose-surface discipline. On Monday, Block announced her new ...
Business Insider

Block employee says the company dangled a 75% pay raise to get her to stay after layoffs — but she decided to quit

Naoko Takeda wrote on LinkedIn that Block offered her a pay bump and retention bonus after its recent layoffs. Takeda said she quit instead. "That's not an honor. It feels shameful and dehumanizing," ...
Futurism

Jack Dorsey Isn’t Telling the Real Story About Block’s AI Layoffs, Insider Says

Twitter founder and Block Inc (formerly Square) CEO Jack Dorsey announced late last month that his fintech venture was making “one of the hardest decisions in the history of our company” by “reducing ...
The New York Times

I Worked for Block. Its A.I. Job Cuts Aren’t What They Seem.

Mr. Zamost was the head of communications, policy and people at Square, now known as Block, from 2015 to 2020. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los ...
Wall Street Journal

Jack Dorsey Blamed AI for Block’s Massive Layoffs. Skeptics Aren’t Buying It.

In September, payments firm Block Inc.XYZ2.75%increase; green up pointing triangle gathered 8,000 of its employees from around the globe to California for an extravaganza celebrating the company’s ...
Los Angeles Times

AI-washing: How companies like Block may use AI as a layoff excuse

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 ...
New York Post

Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools. Dorsey, best known ...
PBS

AI is key driver behind layoffs at fintech company Block, CEO says

BANGKOK (AP) — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, ...