Tag Archives: block

Payments company Block (SQ) announced second quarter results Thursday that showed bitcoin revenue from its Cash App product fell 34% to $1.79 billion, with the company taking a $36 million charge on its bitcoin investments. Gross profit in the quarter totaled $1.47 billion against Wall Street expectations for $1.46 billion, while adjusted earnings per share of $0.18 topped estimates for $0.16. Excluding bitcoin, total net revenue in the second quarter was $2.62 billion, up 34% year over… Source link

Broken Ethernet cable is seen in front of Google logo in this illustration taken March 11, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register July 22 (Reuters) – Russian-backed separatists in a breakaway region of eastern Ukraine have blocked access to the search engine Google (GOOGL.O), their leader said on Friday, citing what he calls “disinformation”. In a message posted on his Telegram channel, Denis Pushilin, head of the self-proclaimed… Source link

In this photo illustration Google Calendar logo seen displayed on a tablet. Igor Golovniov | Sopa Images | Lightrocket | Getty Images Google introduced a new feature on Wednesday that will help users keep their Google Calendars free from spam. Calendar spam occurs when random invitations and appointments appear on Google Calendar, even if the recipient never opened or accepted them. The issue has prompted complaints from users who have been flooded with spam. The new Google Calendar feature,… Source link

Google is preparing to clear its Play Store of outdated apps. The company warned Android app developers that starting on November 1, 2022, it will hide apps and block their installation to users’ devices if developers haven’t kept up with the latest Android OS releases. Specifically, Google said apps that don’t target an Android API within two years of the latest major Android release version will no longer be able to be discovered or installed by new users whose devices run… Source link

(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged as much as 30% in late trading after it reported fourth-quarter revenue that topped projections and gave an unexpectedly positive outlook for 2022. Most Read from Bloomberg Fourth-quarter revenue was $4.08 billion, slightly topping the $4.01 billion average estimated by analysts. Block, formerly known as Square, also said its Cash App’s gross profit will be stronger in the second half of the year because of… Source link

(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged as much as 30% in late trading after it reported fourth-quarter revenue that topped projections and gave an unexpectedly positive outlook for 2022. Most Read from Bloomberg Fourth-quarter revenue was $4.08 billion, slightly topping the $4.01 billion average estimated by analysts. Block, formerly known as Square, also said its Cash App’s gross profit will be stronger in the second half of the year because of… Source link

Block (SQ) shares hit 52-week lows on Wednesday, closing down more than 8%. The stock slid as part of a recent sell-off in growth names and risky assets amid concerns of Fed rate hikes.  The digital payment firm, formally known as Square, is down about 26% since announcing its corporate entity name change to Block, on Dec. 1 of last year.  The switch was seen as a nod to the company’s increasing focus on blockchain, the technology which underpins cryptocurrencies such as Bitcoin ( Source link

Facebook CEO Mark Zuckerberg shows off his vision for the metaverse during Facebook’s Oculus Connect conference on October 28, 2021.Facebook/Handout via REUTERS The so-called metaverse could give us our own virtual echo chambers and tailored realities. Advertisers and third parties could inject someone’s virtual world with ads and overlays unique to them. Experts told Insider the result could be a fractured reality where we all exist in different worlds. In the metaverse of the future, two… Source link

With help from Leah Nylen Editor’s Note: Morning Tech is a free version of POLITICO Pro Technology’s morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. — Hitting pause: Google is heading to court this week in a bid to block “highly sensitive information” about its business from being revealed in… Source link

A YouTube logo seen at the YouTube Space LA in Playa Del Rey, Los Angeles, California, United States October 21, 2015. REUTERS/Lucy Nicholson MOSCOW, Aug 16 (Reuters) – Tsargrad TV, a news channel owned by a sanctioned Russian businessman, said it had abandoned talks with Google to have its YouTube account unblocked and on Monday accused the U.S. group of dragging its feet in negotiations. Google is the subject of a Moscow court order obliging it to unblock the YouTube account of Tsargrad… Source link