Displaying items by tag: Jack Dorsey

Global payments provider Square is set to buy Australia’s buy now pay later platform Afterpay in a deal which values the company at $39 billion.

The cryptocurrency bitcoin rose above US$50,000 (A$64,399) on Tuesday US time, before falling back a bit, the first time the digital currency has hit this level.

The US Government's reaction to Twitter's blocking of dissemination of a story about Hunter Biden, the son of Democrat presidential candidate Joe Biden, appears to have forced the social media platform to change its rules around its so-called Hacked Materials Policy.

Payments company Square has announced it is "expanding operations in Australia (and) opening a new, larger headquarters to support the growing team in Melbourne, which will include the company’s first engineering hub outside North America".

Social media company Twitter has reported its first ever quarterly net profit, of US$91.1 million, in the final quarter of 2017, compared to a loss of US$167 million a year prior.

Bloomberg Media and Twitter have announced what they claim to be the first 24/7 breaking news network that will will be global, live, streaming and social.

Twitter will cut about 9% of its staff, reducing numbers from 3900 to about 3550, the company announced as it released quarterly earnings figures that were better than expected.

Square, the California-based payments technology company started by Twitter co-founder Jack Dorsey, has opened in Australia with the launch of its Melbourne headquarters.

Twitter has surprised the tech world with a hugely successful public launch today, surging to 73% growth after day one to reach $US44.90 a share.

Twitter has announced it will begin trading at $26 when it goes on sale tomorrow, compared with an initial price of $38 for Facebook when it launched last year.

Be careful what you tweet, a San Francisco-based startup is claiming to have indexed all public Twitter posts dating back to the first tweet seven years ago.

 The parents of Jack Dorsey, the founder of Twitter, have launched a desperate campaign to become verified users of the micro-blogging social network.