4,000 employees sacked in a jiffy at Jack Dorsey's firm Block in AI era

4,000 employees sacked in a jiffy at Jack Dorsey's firm Block in AI era

Jack Dorsey announced that Block Inc. will cut about 40% of its workforce, reducing staff from over 10,000 to under 6,000 amid AI-driven changes, with more than 4,000 employees affected. He said the company remains financially strong but is restructuring for an AI-led future. Feb 27, 2026
SEBI Check

SEBI warns investors about fake STT Notices, 'account handling' services

SEBI clarified that STT is automatically collected by brokers under the Finance Act, 2004, and it does not issue demand notices. SEBI warned investors about rising fraud involving fake Securities Transaction Tax (STT) notices and so-called "account handling" services promising risk-free profits. Feb 27, 2026
Bengaluru GAFX 2026: Karnataka leading AVGC-XR revolution, says CM Siddaramaiah

Bengaluru GAFX 2026: Karnataka leading AVGC-XR revolution, says CM Siddaramaiah

Karnataka, the first state to introduce an AVGC policy in 2017, is now implementing its 2024–2029 policy focused on incentives, infrastructure, startups and original IP. The government is also expanding creative clusters beyond Bengaluru and promoting immersive technologies in tourism, education and healthcare. Feb 27, 2026