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.

Block

Technology for economic empowerment

block.xyz

Headquarters: Oakland, United States
Company type: Public company
Number of employees: 10,000+

Last updated Today

Latest news about Block

In short: Block restructured its operations around AI, resulting in significant job cuts, while raising its profit outlook and expanding Cash App features.

Company announcements

June 12 Block

Block announces 3.50% APY high yield savings for Square sellers

Sellers with $10,000 or more automatically earn the higher rate, aiming to grow deposits and support lending.

June 4 Block

Block's Tidal launches direct-to-fan sales powered by Square

Independent artists can sell music directly to fans, keeping 90% of sales, with Square processing.

June 2 Block

Block brings BNPL to every Cash App Card purchase

The integration allows pay-over-time for groceries, gas, and utilities, targeting variable-income earners. It uses real-time underwriting and a flat 7.5% finance fee.

May 20 Block

Block discussed strong first quarter results.

Block also highlighted use of intelligence tools to transform operations and resilience among consumers and sellers.

Media coverage

Yesterday GuruFocus

A Look At Block’s (XYZ) Valuation As Shares Show Mixed Short And Long Term Returns

Block stock reaction and recent performance snapshot Block (XYZ) has been in focus after recent...

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