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 is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by ...

Square has a new way for merchants to take your money: a new handheld device. The payment company’s little white pucks, touchscreen terminals, and portable wedges already crowd the world of ...