For Block, AI implementation has bolstered the company’s operations. “We’re not making this decision because we’re in trouble,” Dorsey noted in his X post. “Our business is strong.” The company reported a gross profit of $2.87 billion in the fourth quarter, up 24% year over year.
He added: "For the CEO to tell workers that they were redundant with immediate effect, on a conference call with only 25 minutes notice, has echoes of P&O and is deplorable."
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A new generation of Samsung Galaxy is here. The Samsung Galaxy S26 made its debut during Samsung Unpacked on Wednesday, Feb. 25, and preorders start today ahead of its March 11 release.
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