Jack Dorsey Bitcoin Twitter BLOCK CEO Jack Dorsey Bitcoin

Square Becomes Block a Week after Dorsey's Exit as Twitter CEO

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Initially, a credit card-reader business, Square Inc renames itself as Block Inc as it plans to broaden its services towards blockchain, music, and cash transfers.

The name change of the payments giant co-founded by cryptocurrency fanatic Jack Dorsey — who quit as the CEO of Twitter earlier this week — will be effective from Dec 10, and the name of the seller product Square will remain the same.

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