BEIJING – China has decided to block Meta Platforms’ US$2 billion (S$2.5 billion) acquisition of agentic AI start-up Manus, making a surprise move to unwind a controversial deal that has drawn fire ...

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President Donald Trump's effort to investigate race-based admissions at U.S. colleges was temporarily blocked Friday by a federal judge in Boston. U.S. District Judge F. Dennis Saylor IV granted a ...

29 years ago today, Cartoon Network was changed forever with the debut of its best programming block, and the anime world has never been the same since. In the 1990s and 2000s, Cartoon Network was the ...

A federal judge on Monday temporarily blocked federal health officials from cutting the number of vaccines recommended for every child, and said U.S. Health Secretary Robert F. Kennedy Jr. likely ...

Block said Thursday it is laying off more than 4,000 employees, or about half of its headcount. Layoff announcements among U.S. employers in January were the highest to start a year since 2009, ...

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's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...

Block, Jack Dorsey's payments company, will cut 4,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's "time we got better answers" to questions about what jobs the technology ...

OAKLAND, Calif. -- Shares in the Oakland-based financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its ...