The layoffs come after a strong quarter for Block, with revenue, profit, and customer base all growing. But Dorsey appears to think that the rise of AI makes this move inevitable, presenting the decision as a choice between doing one sharp cut now, or laying people off slowly over a longer period of time.
Apple recently announced that it's hosting a "special experience" on March 4, and now Apple CEO Tim Cook is hyping up the event with a mysterious X post. The post includes a short video and the message, "A big week ahead. It all starts Monday morning! #AppleLaunch"
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