Rob Walker, a Senior writer at Marker on the intersections of design, consumer culture, branding and business, is asking whether Jack Dorsey is playing Jay-Z, or is the billionaire hip-hop artist and entrepreneur playing the Twitter and Square CEO? Walker, a longtime NYT contributor and… Read More
Square (NYSE:SQ), a top publicly traded Fintech, has acquired a majority stake in the music streaming service TIDAL. Square founder and CEO Jack Dorsey revealed the investment via Twitter, another company where he is CEO and founder. Square is acquiring a majority ownership stake… Read More
Payment company Square Inc (NYSE:SQ) has invested an additional $170 million in Bitcoin (BTC). Square and Twitter CEO Jack Dorsey confirmed on Tuesday (February 23, 2021) that it was time to “double down” on the firm’s commitment to the world’s largest digital currency (in terms… Read More
Twitter (NYSE:TWTR) CEO Jack Dorsey confirmed on Friday (February 12, 2021) that he has teamed up with legendary billionaire hip-hop artist and businessman Jay-Z to finance and support projects in Africa and India with Bitcoin (BTC). Money lessons from one of the greatest rappers of… Read More
Payments company Square‘s (NYSE:SQ) Jack Dorsey has expressed concerns regarding recently proposed Bitcoin (BTC) related regulations. The bitcoin regulations proposed by FinCEN give few useful powers to regulators, greatly roll back economic freedoms while pointlessly surveilling law-abiding people, and create databases of info about who… Read More
The US Internal Revenue Service (IRS) confirmed on April 10, 2020 that it would be providing a tool for eligible American citizens and residents who don’t normally submit tax return documents, so that they can get access to government Coronavirus (COVID-19)-related stimulus funds. Soon after… Read More
San Francisco-based digital asset exchange Coinbase claims that retail customers purchased Bitcoin (BTC), the flagship cryptocurrency, the most during the March 2020 market crash. As noted in a report from Coinbase (released on March 31, 2020), customers usually purchase about 60% more than they sell…. Read More
Payments company Square (NYSE:SQ) and Venmo’s parent firm PayPal (NASDAQ:PYPL) are reportedly holding discussions with the US government about potentially using their applications to provide much-needed stimulus payments to American citizens, following the global Coronavirus (COVID-19) outbreak. The new service being proposed by Square and… Read More
Square Financial Services, the de novo industrial bank established by payment services firm Square, has received conditional approval from the Federal Deposit Insurance Corporation (FDIC) for its deposit insurance application. The approval gives Square permission to introduce banking services, which it’s reportedly planning to launch… Read More
San Francisco-based Square, Inc. (NYSE:SQ), a payment and mobile financial service provider, has released its Q4 2019 earnings report, which notably highlights a record-breaking quarter for Bitcoin (BTC)-related transactions. Square’s management revealed that the company handled over $178 million in BTC purchase volumes during the… Read More
Twitter CEO, Jack Dorsey, announced on Twitter December 11th that the company, “is funding a small independent team of up to five open source architects, engineers, and designers to develop an open and decentralized standard for social media…We’re calling this team @bluesky.” “The goal,” said Dorsey,… Read More
CoinList, an offshoot from the team that created AngelList, is launching a compliant cryptocurrency exchange – CoinList Trade. The company called the move a “natural next step” that will allow secondary trading of tokens as well as seamless distribution. CoinList has been a leader in… Read More
San Francisco-based mobile payments company Square is testing a new feature that allows users to trade stocks through the company’s Cash App. Square’s employees have been testing out the newly integrated feature, according to Bloomberg. Once it has launched, Cash App users will reportedly be… Read More
Jack Dorsey has reiterated his support for Bitcoin in an interview with The Sydney Morning Herald, and says Twitter has no plans to create a private digital currency for that network. “I think open Internet standards serve every person better than ones controlled or started… Read More
Jack Dorsey, self-taught programmer and co-founder of Twitter and Square gave two interviews this week in which he talked up Square’s recent efforts to coalesce an in-house team of developers that will contribute to coding Bitcoin and possibly other cryptocurrencies. Square began by providing credit… Read More
Mobile payments is one of the hottest sectors in Fintech. Venmo and Square/CashApp have battled for years over the hearts and minds of millennials, with CashApp recently declaring victory– thanks in part, some say, to its pioneering incorporation of Bitcoin trading into the app. In May,… Read More
The CEO of Square and Twitter, Jack Dorsey, has seemed to intimidate the importance of an imminently functioning fast settlement layer for Bitcoin if it is to become the Internet’s native currency. Dorsey was interviewed at the Consensus Conference May 16th in New York by… Read More
Last week, Jack Dorsey’s Square announced it has entered into a definitive agreement to acquire Weebly. The company reported it will pay a mix of cash and stock of approximately $365 million, which will include Square restricted stock units for Weebly’s founders and employees that… Read More
Jack Dorsey, founder of Square and Twitter, revealed in a tweet that Square’s Cash App is rolling out Bitcoin for its users; Turning on Bitcoin for a lot more cash app folks right now https://t.co/LrozU7fXps — jack (@jack) December 6, 2017 Blockchaiiiiinnnnn. We’re rolling… Read More
The word on the street is that Jack Dorsey’s Square (NYSE: SQ) is moving into banking business with an application to form a wholly owned bank based in Utah. The unit, to be called Square Financial Services Inc., would offer loans and deposit accounts to small… Read More
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