RIO RANCHO, N.M. — After months of delays, The Block is almost ready to open in Rio Rancho’s Enchanted Hills. The shipping container complex will feature a high-end bar, boutiques, and an interior ...

Forgive me for starting with a cliché, a piece of finance jargon that has recently slipped into the tech lexicon, but I’m afraid I must talk about “moats.” Popularized decades ago by Warren Buffett to ...

When Nvidia first showed off its Compute Unified Device Architecture (CUDA) parallel computing platform in 2006, it was a multibillion-dollar bet that failed to turn a profit for a decade. Today, it ...

Materials inspired by nature, or biomimetic materials, are nothing new. Scientists have designed water-resistant materials inspired by lotus leaves and rose petals, unsinkable metals based on the ...

WASHINGTON, DC - APRIL 30: U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on "Investing in America" on April 30, 2025, ...

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, ...

Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work. The Oakland parent company of ...

Block is letting go of over 4,000 employees, cutting the company nearly in half, cofounder and CEO Jack Dorsey said Thursday. "I had two options: cut gradually over months or years as this shift plays ...

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly ...