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Twitter Co-founder Jack Dorsey's Block "regularly hypes...mundane or predatory sources of revenue as technological breakthroughs", according to Hindenburg Research's report. Block's $29-billion acquisition of Afterpay is "flopping" and the 'buy now, pay later' service lost $357 million in 2022, the year it was acquired by Block, the report said. Afterpay reported losses of $184 million in 2021.
short by Ashley Paul / 08:22 pm on 23 Mar
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