Category: Square

Payment Processing Company Closes Account of Former Convoy Organizer Chris Barber for ‘Security Reasons’: Report

January 6, 2023
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Square, the payment processing company also known as Block, Inc., has deactivated the account of former Freedom Convoy organizer Chris Barber for “security reasons,” reports news outlet True North. “We recently reviewed your account, and found activity that our platform is unable to support. Because of this, we are sorry to inform you that your Square…

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LIVE: Times Square New Year’s Eve Celebration

December 31, 2021
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This year’s Times Square New Year’s Eve Celebration will be held on Dec. 31, 2021, amid COVID-19 restrictions. The event marks 115 years of the ball lowering, a now universal symbol of welcoming the New Year. An annual tradition since Dec. 31, 1907, the event was curtailed last year, with only so-called essential workers and…

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Programming Alert: Times Square New Year’s Eve Celebration

December 30, 2021
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This year’s Times Square New Year’s Eve Celebration will be held on Dec. 31, 2021, amid COVID-19 restrictions. The event marks 118 years of celebrations that have been watched worldwide with enthusiasm and become not only a national but also a universal tradition to greet the New Year with dazzling lights and the bustling energy…

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Square Changing Name to Block to ‘Acknowledge Company’s Growth’

December 2, 2021
bitcoinBusiness & EconomyCompanieseconomyJack DorseyMedia & Big TechSquareTechTech NewsTwitterUSUS News
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Square Inc., the financial services and digital payments company co-founded and led by former Twitter chief Jack Dorsey, is changing its corporate name to Block Inc., it announced in a statement late Wednesday. The name change comes just days after Dorsey stepped down as CEO Twitter, which he helped found in 2006. Twitter named its chief technology officer, Parag Agrawal,…

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Bank of America Upgrades Square to Neutral

December 1, 2021
BofABusiness & EconomyCompaniesMarketsSquarestock
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Bank of America analyst Jason Kupferberg upgraded Square Inc. to Neutral from Underperform with a price target of $221, up from $210, implying a 3.85 percent upside. The “deceleration risk” of the company’s Cash App business has been “more appropriately” priced in as the stock now trades 25 percent below August highs and 15 percent…

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Square CEO Dorsey Says Looking to Build a Bitcoin Mining System: Tweet

October 16, 2021
bitcoinBusiness & EconomyCEOCompaniesJack DorseyLocal NewsMedia & Big TechminingRegional-Local NewsSouthern CaliforniaSquaresystemUSUS News
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Square Inc. Chief Executive Officer Jack Dorsey said on Friday the fintech firm is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as businesses. This would add to Square’s existing bitcoin-focused projects including a business to build an open developer platform, as well as a…

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