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The Latest Breaking News from Block

'I was drinking and taking drugs every day before being rescued from a motorway bridge - now I'm in the best place of my life'

War veteran Richard suffered trauma from a young age

Manchester Evening News

Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.

Fortune

Channel Seven builds Dream Home to rival The Block

Seven has confirmed a new renovation show, Dream House. But the creator of Nine's show, The Block, isn't afraid of the potential competition.

The New Daily

From analysis to the latest developments in health,
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Judge nixes Block shareholder suit over online music deal

A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in a music streaming service partly owned by rapper Jay-Z

The Independent UK

Dow Jones Surges 450 Points On Strong Jobs Report. AAPL Stock Jumps On Earnings.

The Dow Jones rallied 450 points on a strong April jobs report. AAPL stock jumped, while Carvana, DraftKings and Square were other key earnings movers.

Investors Business Daily

Cash App’s quarterly Bitcoin sales approach $2.2 billion, up 25% year over year

The increase in Bitcoin sales is a reverse from the prior quarter.

Fortune

Square Earnings Top Estimates Amid Cash App Growth Controversy

Square reported first-quarter results that topped Wall Street targets as the company's gross profit came in above expectations.

Investors Business Daily

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Short-seller Hindenburg accuses corporate raider Carl Icahn of a “ponzi-like” corporate setup

Hindenburg claims Icahn’s exchange-listed investment vehicle lures small amateur investors with an excessively generous dividend funded by issuing $1.7 billion in new shares since 2019.

Fortune

Jack Dorsey is the hero that crypto needs right now

Elon Musk is a favorite of many crypto fans, but Jack Dorsey is a much better choice.

Fortune

Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced

Intel released a bulletin that announces it is ending production of all of its known bitcoin-mining Blockscale ASICs.

Tom’s Hardware

Block partners with African crypto exchange Yellow Card

The maker of Cash App continues to double down on its investments in payment infrastructure outside the U.S.

Fortune

Bob Lee: Police say it’s ‘too early’ to tell if Cash App founder’s fatal stabbing was a random attack

San Francisco police chief William Scott says he is ‘100 per cent confident’ brutal murder of tech executive will be solved

The Independent UK

Bob Lee: A genius tech visionary killed in a ‘horrifying act of violence’

Bob Lee’s creations helped to change the world. In touching online eulogies, friends say his work as a software developer and digital payment pioneer was only part of his brilliance. Bevan Hurley reports.

The Independent UK

Bob Lee: Shocking video appears to show onlookers ignore dying Cash App founder as he begs for help

Surveillance footage appears to show the fatally wounded tech entrepreneur seeking help in his final moments

The Independent UK

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news in one place.

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The New Daily

Controversy swamps The Block amid housing crisis

Controversy surrounds this season of Nine's The Block amid current housing crisis, angry neighbours, and a surprise critic.

Investors Business Daily

Tesla Stock: Cathie Wood Sells $27 Million Of TSLA, Buys The Dip On Coinbase, Block

Cathie Wood, ARK Invest unloaded $27 million in Tesla stock Thursday to buy the dip on Coinbase as shares tumbled following a SEC warning.

Barchart

Rally in Tech Stocks Leads the Overall Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.29%. Stock indexes Thursday posted moderate gains, led by a...

Fortune

Jack Dorsey's Hindenburg moment

The notorious short-seller has turned its sights on one of Silicon Valley's most celebrated founders.

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news in one place.

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Fortune

Jack Dorsey's Block is the latest company targeted by a notorious short-seller

The short-seller put out an accompanying report, alleging that Block's Cash App has inflated user counts and consorted with criminals.

Barchart

Stocks Rebound as Bank Stocks Stabilize

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.87%. U.S. stock indexes this morning are moderately higher as...

Investors Business Daily

Big Tech Powers Stock Market After Fed-Treasury Cross; Bitcoin Rocks While Coinbase Rolls

Coinbase trimmed losses after receiving a SEC "Wells Notice," warning of a pending enforcement action.

Investors Business Daily

Square Plunges On Short Seller Charges, Company To Explore Legal Action

Square plunged after Hindenburg Research disclosed a short position in SQ stock while claiming Cash App consumer services facilitate fraud.

Investors Business Daily

Block Stock Showing Improving Market Leadership; Earns 83 RS Rating

A Relative Strength Rating upgrade for Block shows improving technical performance.

Investors Business Daily

Why Square Can Reach 'Holy Grail' Of Fintech Companies

Square stands out from other fintech companies with its "one-stop-shop" payment network, said an analyst who upgraded SQ stock to buy.

Fortune

Block is now using some of the thousands of Bitcoins it holds for a new business

Block is now using Bitcoins from its balance sheet to earn money by providing routing services on the Lightning network.

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