Latest Block News & Updates
See the latest news and media coverage for Block. We track all announcements, press releases, and industry mentions in real time, all in one place.
Technology for economic empowerment
block.xyz- Headquarters
- Oakland, United States
- Company type
- Public company
- Number of employees
- 10,000+
Last updated
Latest news about Block
In short: Block reported a mixed first quarter with a $308.7 million net loss despite beating adjusted profit targets and raising its annual growth outlook.
Company announcements
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Block announces Q1 2026 results
Results are posted on the Investor Relations website. A conference call and webcast are scheduled for 2:00 p.m. PT today.
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Block explains how it uses AI to protect customers
It describes AI-driven fraud detection, governance controls, third-party requirements, and Cash App scam warnings that helped prevent over $3.5 billion in potential scams.
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Block launches Bitkey wallet and bitcoin features
It introduces a touchscreen Bitkey hardware wallet, automatic bitcoin earning in Cash App, Proof of Reserves, NFC tap-to-pay demo, and preorder availability for Bitkey.
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Square expands Managerbot to more sellers
Managerbot, in open beta, monitors operations, automates tasks, and requires seller approval. It aids sales, inventory, scheduling, and marketing for small businesses.
Media coverage
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Block Q1: I Believe Dorsey (Upgrade)
High gross profits are great for something else: EBITDA. Block's adjusted figure looks great in Q1, cresting $1B for the first time and posting a...
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Block Sets Aside $240M Amid Talks To Settle DOJ Probe - Law360
Jack Dorsey's Block Inc. has reserved $240 million as it works to settle a U.S. Department of Justice investigation tied to short-seller allegations that it...
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Jack Dorsey touts Block's AI-driven restructuring
The payments company posted strong adjusted earnings following a dramatic downsizing, which management attributed to the influence of artificial intelligence.
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Block raises annual gross profit outlook as Cash App stands out
Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient consumer spending and strong growth in its core businesses.
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