Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to
Block, the fintech company whose subsidiaries include Square, Cash App and Afterpay, is laying off staff at a tumultuous time for tech industry workers. That’s according to an internal memo from
Jack Dorsey’s Block (the company formerly known as Square) announced today that it is releasing its hardware Bitcoin wallet, Bitkey, in 95 countries. However, users can only preorder the device
Block, the Jack Dorsey-founded fintech company previously known as Square, has acquired Hifi, a music-focused fintech startup. The company declined to share deal terms. Hifi founder and CEO Damian Man
Tidal is rolling out a new feature that lets you act as a DJ and allow your friends to listen to your choices. The feature called Live is available for both HiFi ($9.99 per month) and HiFi Plus ($19.9
The Block-owned music streaming service TIDAL is shifting the way it pays artists after an experimental program failed to generate results. Unlike Spotify and other market leaders, which pay musicians
A plan which would see a corporate entity trademark the term “Web5” has been put to rest after much backlash. Late Tuesday night, TBD, the Bitcoin-focused division of Jack Dorsey’s p
Telda, an Egyptian consumer money app founded by ex-Swvl executive Ahmed Sabbah last April, has raised $20 million in seed funding. The fintech, in a statement, said it wants to “revolutionize fina
Block, the company behind Square and Cash App, now supports Apple’s Tap to Pay for iPhone feature for merchants. Existing Square users or new businesses wanting to use Square can now use their iPhon
Flip, an Indonesia-based consumer payment platform, has closed a $55 million Series B extension round led by Tencent with participation from Block (formerly known as Square) and existing backer Insigh
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single to
Jack Dorsey, the Twitter co-founder and current Block CEO, is no longer the payments firm’s “chief executive officer.” Instead, the executive is choosing to call himself “Block
Kyash, a Tokyo-based mobile financial app, has raised $41.2 million (4.9 billion JPY) in Series D funding. The round comes from a number of investors, including Japan Post Investment Corporation, Bl
There are already a number of ways to gift cryptocurrencies, but today Cash App will make doing so simpler with a new feature rolling out to its peer-to-peer payments app. The app, owned by Block (the
Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. It’s Friday, which means the whole crew was aboard for th
The fintech giant Square is changing its name to Block, effective December 10. The name change, which has been in the works for over a year, is intended to house the company’s various products &
After testing last month, Twitter is rolling out a feature to all web users that will let them remove followers without blocking them. This safety feature can be helpful if you want to avoid the reper
Twitter announced yesterday that it’s testing a feature on the web that makes it possible to remove followers without blocking them. Sometimes, users want to stop a follower from seeing their tw
LinkedIn now blocked in Russia, Tesla acquisition of SolarCity is approved, SpaceX wants to bring internet access to everyone, AOL lays off 7 percent of workforce, Zesty replaces CEO and restructures.
A group of Dutch entrepreneurs is hoping to build a business out of helping smartphone users manage their device addiction -- via a Faraday cage housed inside a fancy looking hexagonal aluminum case d
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