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block announced Thursday that it would lay off more than 4,000 people, about half of its workforce. Shares soared more than 24% in extended trading. “Today, we shared a difficult decision with our team,” Block co-founder and CEO Jack Dorsey said in a letter to shareholders. “We have almost halved the block from more than 10,000 people to just under 6,000, meaning more than 4,000 people have been asked to leave or are in consultation.”Block Chief Financial Officer Amrita Ahuja said the layoffs position the company for “the next phase of long-term growth.”“We are choosing to change the way we…

Jennifer Garner reveals why ’13 to 30′ brought ‘hard times’ for her and Ben Affleck’s kidsjennifer garner’s kids didn’t want to see Jenna Rink turn 30, frivolous and prosperous. As the 13 Going on 30 star recently admitted, her beloved 2004 film literally became a headache when Violet, 20, Seraphina, 17, and Samuel, 13, whom she shares with ex-husband Ben Affleck, became teenagers. “They had a tough few years by the time they turned 13,” Jennifer said. kylie kelsey On the February 26 episode of her podcast I won’t lie. “(13 in progress 30) used to show up at birthday…

Over the past few months, many institutional investors have cited the U.S. market capitalization-to-GDP ratio, also known as the “Buffett indicator,” as an indicator that stocks may be overvalued. This metric was first described by Buffett in an interview with Fortune magazine 25 years ago. As of Friday, U.S. stocks had a market capitalization-to-GDP ratio of about 2.3 times, according to Bloomberg Research. At the time of the 2001 Fortune article, the ratio was about 1:1, down from just under 1.5 times at the peak of the tech bubble in March 2000. At the bottom of the global financial crisis…

Is Meta preparing to release a Prada version of its Meta AI glasses? Speculation arose after Mark Zuckerberg and his wife Priscilla were spotted sitting in the front row of Prada’s Fall/Winter 2026 Fashion Week show in Milan on Thursday. The social media director was also seen chatting with fellow attendee Lorenzo Bertelli, Prada’s chief merchandising officer and head designer Miuccia Prada’s son. Mr. Zuckerberg has been trying to polish his image in recent years, including by upgrading his threads, but he probably didn’t come to Prada for the fashion, but for the upcoming collaboration with the brand. Last summer,…

Michael Intrater, CEO of Coreweave, is interviewed by CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, USA on September 22, 2025.Gina Moon | Reuterscore weave Shares fell as much as 12% in after-hours trading Thursday after the artificial intelligence-focused cloud infrastructure provider posted fourth-quarter earnings that beat Wall Street expectations.Here’s how the company performed compared to the LSEG consensus:Loss per share: Loss of 89 cents. Revenue: $1.57 billion vs. $1.55 billion expectedAccording to the announcement, CoreWeave’s revenue for the quarter increased 110% year over year.For all of 2026, the company expects revenue of…

Introducing the new Olaplex No.3PLUS complete restorative treatment! Yes, you read that right. This brand’s popular repair treatment has just been rebuilt and updated, and there are some changes you should be aware of before purchasing. If you haven’t used the original No.3 product yet, here’s how it works for you. Targets existing damage and internal bond repair in 3-10 minutes and is perfect for colored/bleached hair. And here’s what’s different about the enhanced No.3PLUS: Suitable for all hair types, it focuses on hair protection (preventing future damage) and hair repair (inside and out) and takes just 3 minutes to…

Salesforce’s weak fourth-quarter results are a sour note for analysts and will do little to halt the software giant’s stock price decline since the start of the year. The customer service software maker’s soft full-year earnings outlook overshadowed last quarter’s sales and bottom line growth. Salesforce expects fiscal 2027 revenue to be between $45.8 billion and $46.2 billion, the lower end of that range below Wall Street’s $46.06 billion estimate. The company also expects adjusted earnings to be between $13.11 and $13.19 per share, compared with the $13.12 per share expected by analysts compiled by LSEG. CRM YTD Mountain 2026…

Jessa Duggar (mother: Ben Seewald)Jim Bob and Michelle’s fifth child, Jessa Duggar, was born on November 4, 1992. Jessa met Ben through church and began courting him in 2013. The old-fashioned approach to romance seemed like an entirely new concept to many viewers. Since the children had never talked about their romance before their engagement, Jim Bob explained to People magazine, “Courtship is about getting to know each other in a group, where both families spend time together, and where the couple sets goals together to decide whether they intend to get married. On dates, couples are often paired up…

Despite the stock market’s volatile reaction to Wednesday’s latest earnings results for Marshalls and TJ Maxx’s parent company, at least two Wall Street firms see a strong future for TJX stock. Bernstein and Bank of America reiterated their ratings on TJX as “overweight” and “buy,” respectively, in reports released Thursday. The companies also raised their 12-month price target to $175, suggesting the company’s stock could rise about 12% further from Thursday’s closing price. Although TJX posted higher profits and sales in its fiscal fourth quarter earnings report, its outlook for the quarter and full year fell short of expectations, and…

Super early bird pricing ends tomorrow, February 27th at 11:59pm PT. After that, the price of TechCrunch Disrupt 2026 will increase. If you miss it, you’ll end up paying more for the same access to one of the year’s most anticipated technology events. Register now and save up to $680 on passes and up to 30% off on group passes. Disrupt: A starting point in the technology ecosystem If you’re looking to raise money, hire top talent, launch a startup, or find your next portfolio company, don’t miss Disrupt, October 13-15 at Moscone West in San Francisco. By participating, you’ll…