Square to Buy Installment Lender Afterpay for $29B
The deal will create “a transactions giant that will battle banks and tech firms" in the fast-growing "buy now, pay later" market.
Square Building Fintech Company With ‘Primary Focus on Bitcoin’
CEO Jack Dorsey said the business will be dedicated to “decentralized financial services” using bitcoin.
Square CEO Opposes FinCEN’s Proposed Crypto Rules
Jack Dorsey says the new rules will drive cryptocurrency users to use unregulated third-party wallets, including ones hosted outside the United States.
Twitter CEO Survives Elliott Ax as Company Offers Concessions
Jack Dorsey has been serving as chief executive since founding the social media platform in 2006.
Tech Execs Face Questions on Immunity Law
The heads of Facebook, Twitter, and Google said changes to Section 230 could change how they moderate content.
Major Twitter Accounts Hacked for Bitcoin Scam
Twitter says "a coordinated social engineering attack ... successfully targeted some of our employees with access to internal systems and tools.”
Twitter to Appoint Former Google CFO as Chairperson
The appointment comes three months after Elliott Management hedge fund pressed for the ouster of Twitter CEO Jack Dorsey.
Twitter Makes Deal With Activist Investor Elliott
The agreement averts a battle over Twitter CEO Jack Dorsey's leadership but "lays the groundwork for eventually replacing" him.
Activist Pushes for Removal of Twitter CEO
Twitter shares jumped on reports that Elliott Management is seeking to replace Jack Dorsey because he also runs Square.
Square Shares Dip 6% on Weak Q1 Guidance
Slower sales growth also weighed on the stock but "new products and services can provide a second wind to growth as the year progresses."
Square Hires Blizzard’s Amrita Ahuja as CFO
“I believe Square is building the most innovative commerce ecosystem for sellers and consumers," Ahuja says.