Dorsey’s Journey to the Web3 Promised Land
Square and Twitter CEO Jack Dorsey announced he was resigning as CEO of Twitter yesterday, namely because activist investors have had it out for the tech CEO since last year.
Today, Square is getting an all-new parent company: Block. Block will act as the parent that owns Square, Cash App, TIDAL, Spiral (a spinoff of Square Crypto), and TBD54566975 (a bitcoin-focused decentralized exchange.) As the name implies, each company or project is a building block part of a whole.