Block News & Updates
Last updated November 14, 2026
Block cuts jobs at Cash App in its second round of layoffs this year, days after beating Q3 expectations and raising its outlook
Block beats Q3 estimates and raises its full-year guidance a third time as Square payment volume grows at its fastest since 2023
Block releases Dessa, a voice model trained only on human conversation that laughs, sighs, and runs locally on a MacBook Pro
Block CFO Amrita Ahuja says companies are starting to list AI agents alongside human employees on their published org charts
FTC investigates Block over frozen Square accounts, but what about the rest of them?
FTC investigates Block over customer service on frozen Square accounts and asks a court to force it to hand over documents
Block opens its Cash App Score to outside lenders through Nova Credit, covering credit cards, auto loans, and tenant screening
Block adds 30,000 sellers to Neighborhoods, the Square and Cash App program that pays shoppers to return to local businesses
Block credits AI for tripling its product output and raises its full-year outlook six months after cutting 40% of its staff
Block releases Buzz, an open source workspace where AI agents hold their own cryptographic identities and work with humans
Block agrees to a $45M settlement with 46 states over Cash App fraud and safety claims, backstopping $75M in CFPB restitution
“Stablecoin” Google searches fall 54% month-over-month as aggregate supply stalls following the 2025 GENIUS Act boom, The Block finds
Square launches a 3.50% APY savings tier for sellers who park at least $10K, part of Block’s push to grow cheap deposits
Block expands its Afterpay buy now, pay later service to all eligible Cash App debit cardholders after a 20-state pilot
Jack Dorsey reboots Vine with a new six second video app, but do creators want their old content resurfaced?
Jack Dorsey-backed Vine reboot Divine launches publicly with 500,000 archived Vines and new posting tools
Block Inc. publishes first proof-of-reserves report disclosing $2.2B in total bitcoin holdings as of March 2026
Block and Uber expanded their partnership adding Cash App Pay to Uber in the U.S. and Square POS integration in six new countries
Cash App launches managed accounts for kids ages 6-12 offering 3.25% APY on savings, with parents controlling all account activity
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