Brig. Gen. Jason Jefferis assumed command of the U.S. Army Security Assistance Command during a Monday change of command ceremony on the Army Materiel Command Parade Field. Lt. Gen. Christopher Mohan, ...

The Redstone Bridge repair is ahead of schedule and likely to meet all 25 days of its early completion incentive — and open to traffic as early as mid-August — with a milestone reached this week. The ...

Block co-founder Jack Dorsey has zero regrets about a recent decision to lay off 40 percent of his staff at the financial technology platform to clear the way for artificial intelligence tools that ...

A federal judge on Tuesday ordered construction of the White House ballroom project halted, siding with a historic preservation group that argued the effort violated federal law. U.S. District Judge ...

RedStone co-founder Marcin Kaźmierczak says banks are splitting RWA infrastructure between private networks like Canton and public chains such as Ethereum. Institutional adoption of real-world assets ...

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 ...

Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...

Shares of Block surged Friday after the fintech company announced plans to lay off nearly half of its staff. Almost 30,000 people across 45 tech companies have been laid off since the start of the ...

Block, the parent company of payment apps Square, Cash App and Afterpay, is laying off more than 40 percent of its staff, pointing to recent advancements in AI that are “enabling a new way of working.

Block, Jack Dorsey's payments company, will cut 4,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's "time we got better answers" to questions about what jobs the technology ...

Former Twitter co-founder Jack Dorsey's new company Block — the parent of merchants payment system Square, mobile peer-to-peer payments Cash App, music streamer Tidal, and open source AI orchestration ...

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 ...