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The Latest Breaking News from Jack Dorsey

Larry Ellison, Jack Dorsey and a Saudi Prince: The Surprise Winners of Spacex's IPO

SpaceX's IPO raised $75 billion, valuing the company at $2.2 trillion. It created nine new billionaires and 4,400 employee millionaires, highlighting unexpected stakeholders like Larry Ellison and Prince Alwaleed.

International Business Times UK

Kevin O'Leary Says Content Creators Are Now More Valuable Than Engineers — And Some Already Earn $500K

Shark Tank's Kevin O'Leary says social media creators in his companies now earn up to $500,000 a year as AI reshapes which skills are most valued.

International Business Times UK

Jeff Bezos rejects AI-induced job-loss fears, says the technology will ‘elevate’ workers

Amazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages and boost worker productivity. He argued that AI will augment human roles, not replace them entirely, enabling work at a higher level. This comes amid layoffs at the company, though Bezos claims they weren't…

The Economic Times

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Block’s Pivot to Profits and AI Is Turning Heads

Block stock is gaining attention after strong earnings, rising profitability, AI initiatives, and higher guidance despite regulatory and valuation concerns.

MarketBeat

‘I didn’t want to be the guinea pig’: inside tech’s AI-fueled manager purge

Tech workers say AI-driven restructurings are eroding mentorship, support and paths to promotion across Silicon Valley

The Guardian - US

After Major Layoffs, Block Stock Is Staging a Turnaround. CEO Jack Dorsey Says AI Is Leading the Way.

Block has staged a turnaround from its lows, driven by layoffs, to create more space for AI.

Barchart

Vine is coming back, and it’s being relaunched by the guy who killed it — say hello to Jack Dorsey’s Divine, a TikTok and Instagram Stories rival with a ferocious ambition to end AI slop

Jack Dorsey is relaunching Vine as Divine nearly 10 years after he killed it.

TechRadar

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Vine video-sharing app is back – and battling AI slop

Twitter co-founder Jack Dorsey is backing new version of app called Divine, where content must be made by a human

The Guardian - UK

'Stop Hiring Humans' Campaign Returns to San Francisco — Why the City That Built AI Is No Longer Laughing

A plane carrying Artisan's 'Stop Hiring Humans' banner flew over San Francisco as AI-driven layoffs at Pinterest and Block turn a viral marketing stunt into a symbol of real workforce anxiety.

International Business Times UK

Apple’s longtime CEO sat out the crypto revolution. His successor should choose a different path

Unlike Tim Cook, incoming CEO John Ternus has a reputation as a decisive, product-focused leader.

Fortune

How can you tell if your boss has a big ego? Their email habits are a definite tell

Only those in unassailable positions of power would ditch capital letters – or reply to colleagues with a thumbs up emoji, writes Emma Beddington

The Guardian - UK

Twitter cofounder Jack Dorsey breaks down his thought process when he laid off 40% of his Block staff because of AI

Jack Dorsey, CEO of Block, laid off 40% of his staff after working out the “minimal number of people” to run his $41 billion fintech company.

Fortune

Jack Dorsey and Roelof Botha think AI can make middle management obsolete

The Silicon Valley execs want companies to function as a “mini artificial general intelligence,” and leave traditional corporate hierarchy behind.

Fortune

Marc Andreessen says AI layoffs are a farce: Companies are 75% overstaffed and AI is the ‘silver bullet excuse’ to clean house

The venture capitalist thinks companies are citing AI as an excuse to cut down workforces for alternative reasons.

Fortune

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Barchart

Andy Jassy and Jack Dorsey Blamed AI for Massive Layoffs, but OpenAI CEO Sam Altman Warns ‘AI Washing’ Is Real. What’s Really Going on with Huge Job Cuts?

More and more Silicon Valley CEOs are blaming job losses on AI. But according to OpenAI CEO Sam Altman, these big layoffs have less to do with technology and more to do with traditional business fundamentals.

Barchart

Is Mark Zuckerberg Using AI to Replace Himself as CEO? New Agent Paints Grim Picture for Workers as Job Cuts Loom.

Meta: As Meta plans potential 20% workforce cuts, its CEO tests an AI assistant that could eliminate “layers of people” from organizational structure.

International Business Times UK

Tech Layoffs Surge to 59,000 in 2026 as Amazon, Meta and Block Cut Jobs Amid AI Shift — Who's Next?

AI and automation led to over 59,000 job cuts in 2026. Discover how companies like Amazon and Block are using AI for efficiency and what it means for future employment.

Fortune

Mark Zuckerberg is poised to finish what Jack Dorsey started: a 'cascade' of AI-related layoffs across the tech sector, top tech analyst says

Meta's CEO might emerge as the unlikely architect of a new era of AI-driven workforce cuts — one that analysts warn could ripple far beyond Silicon Valley

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International Business Times UK

'AI Job Massacre' Fears Grow as Meta Considers Slashing up to 15,000 Jobs

Meta may cut up to 15,000 jobs as it invests billions in AI infrastructure and automation. The potential layoff reflects a growing trend of tech firms replacing roles with artificial intelligence.

The Guardian - US

Amazon is determined to use AI for everything – even when it slows down work

Corporate employees said Amazon’s race to roll out AI is leading to surveillance, slop and ‘more work for everyone’.

Fortune

How Walmart CEO John Furner is using his father’s lessons—and AI—to steer a $1 trillion giant

John Furner recently took the reins of Walmart, and now leads a $1 trillion retail giant. But it’s the early-life lessons from his dad that helped shape his leadership today.

The Economic Times

Jack Dorsey's mass job cuts expose tech's bogus narrative

Block Inc. CEO Jack Dorsey announced significant layoffs, framing them as a move towards artificial intelligence. This strategy mirrors a long-standing Silicon Valley tradition of reinterpreting setbacks as forward-thinking innovation. The company's past decisions, including over-hiring and questionable acquisitions, are now overshadowed by this new narrative. This approach aims to…

The Guardian - US

Current and former Block workers say AI can’t do their jobs after Jack Dorsey’s mass layoffs: ‘You can’t really AI that’

The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity

Fortune

The unexpected 92,000 drop in payrolls is a clue we might be reading the AI jobs narrative all wrong

Is AI taking jobs? Or are companies cutting jobs to pay for the enormous capex outlays on AI?

Fortune

Exclusive: Block’s CFO explains the AI leaps over 18 months that led to the decision to slash nearly half its workforce

New tools including its custom LLM "goose" gave leaders confidence that smaller teams can now handle “really meaningful bodies of work,” says Block’s CFO and COO Amrita Ahuja.

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