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Block is working on creating a new crypto wallet gadget

04/12/202204/11/2022 Sam Lambert

Jack Dorsey’s company formerly known as square is using a hexagonal device for the purpose. Block, Jack Dorsey’s mobile payment company formerly called Square, is currently working on a new gadget that will work as a crypto wallet. The hexagonal device has a finish that makes it look as though it is one of several types of rock. These hexagonal rock-like crypto wallet gadgets are equipped with USB ports and, according to an image tweeted by Block hardware head Jesse Dorogusker, it may also feature a fingerprint reader. That said,…

Twitter subscription options drawing attention as ad revenue takes a dive

07/27/202007/24/2020 John Montgallo

The social media company said it is exploring new arenas for bringing in user money. A Twitter subscription option is among the various strategies the company is exploring to try to make money from its users. This is not the only model being considered, but is certainly one of them, said CEO Jack Dorsey. The move has occurred as the platform has experienced a substantial drop in its core ad business. “You will likely see some tests this year,” Dorsey said, referring to a number of different approaches while speaking…

Square bets on EMV standards improving the mobile payments space

03/17/201603/16/2016 Stephen Vagus

Square Inc. mobile payments nfc technology

Dorsey has high hopes for EMV standards Jack Dorsey, CEO and co-founder of Twitter and CEO and founder of Square, wants his mobile payments company to be universally recognized as a leading mobile commerce firm. Dorsey believes that the coming shift toward EMV standards will help Square accomplish this goal. Square has released its first earnings report since its initial public offering, showing that it has received 350,000 pre-orders for its EMV-enabled card reader, which can be used to process mobile transactions. New standards may speed up mobile transactions According…

Mobile payments from Square step out of the U.S. and into Canada

10/25/201210/24/2012 Sam Lambert

This international step was taken by Jack Dorsey, of Twitter fame. Co-founder of Twitter, Jack Dorsey, is taking Square for an international leap, expanding it outside of the American borders and into the fast moving Canadian mobile payments marketplace. This effort is to help to expand Dorsey’s vision that “commerce is easy for everyone”. It is his belief that Canada is primed and ready to use his most recent technology startup. The launch of Square, a free mobile payment credit card reader, has now made its way into Canada, two…

Richard Branson backs Square mobile payment startup

11/10/201111/10/2011 Julie Campbell

Mobile payment startup, Square, which is recognized for its board of directors that features big names such as Lawrence Summers, the former U.S. Treasury Secretary, now has another notable supporting its cause: Virgin’s Richard Branson, the U.K. billionaire. According to a spokesperson from Square, Branson has added his support by making what is being called a “multimillion” dollar investment into the company. The actual amount of this investment has yet to be disclosed. This is not an entirely new experience for Square, is it had previously received an investment of…