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LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in the U.K. in a bid to deepen its expansion into the country and take on big incumbents like American Express.
Brazil's recent ban of Elon Musk's social media platform X has boosted the profile of its smaller rival, Bluesky, as people search for alternatives to voice their opinions.
Block beat on profit in its second-quarter earnings report on Thursday. The stock rose in extended trading.
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Elon Musk's social media platform X said Thursday it will block certain accounts and posts from India in response to executive orders by the government.