For Block, AI implementation has bolstered the company’s operations. “We’re not making this decision because we’re in trouble,” Dorsey noted in his X post. “Our business is strong.” The company reported a gross profit of $2.87 billion in the fourth quarter, up 24% year over year.
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We used to use email, the phone or talk in person. Now we use platforms like iMessage, WhatsApp or Slack to coordinate a night out with friends, a kid’s birthday party, a work project or even to discuss sensitive military information — as U.S. Defense Secretary Pete Hegseth did by sharing details of airstrikes in a Signal chat.