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TSMC. Taiwan Semiconductor Manufacturing Company Limited ( TSMC; also called Taiwan Semiconductor) [4] [5] is a Taiwanese multinational semiconductor contract manufacturing and design company. It is the world's second-most valuable semiconductor company, [6] the world's largest dedicated independent ("pure-play") semiconductor foundry, [7] and ...
- 73,090 (2022)
- US$73.67 billion (2022)
Challenger 3 ( CR3) is a planned British main battle tank in development for the British Army. It will be produced by the conversion of existing Challenger 2 tanks by the British/German Rheinmetall BAE Systems Land joint venture. Improvements to Challenger 2 began in 2005 as the Capability And Sustainment Programme (CSP) to keep the Challenger ...
- From 2027 (projected)
- Main battle tank
Taiwan,[II][k] officially the Republic of China (ROC),[I][l] is a country[27] in East Asia.[o] It is located at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south. The territories controlled by the ...
A GE B39-8 is a 4-axle diesel-electric locomotive built by GE Transportation Systems.It is part of the GE Dash 8 Series of freight locomotives. Following the production of the first three units for the Atchison, Topeka and Santa Fe Railway, GE made many mechanical and electrical improvements that were reflected in a redesigned carbody for the remainder of production; these later units are ...
- History
- Name Change and Acquisitions
- Subsidiaries, Products, Services
- Financials
- Business
- Controversies
- External Links
2009 conception
The original inspiration for Block's first product "Square" occurred to Jack Dorsey in 2009 when his friend Jim McKelvey was unable to complete a $2,000 sale of his glass faucets and fittings because he could not accept credit cards. Co-founders Dorsey, who also co-founded Twitter Inc., and McKelvey began developing the company out of a small office in St. Louis.The name "Square" derives from the company's square-shaped card reader product.
2010–2014 early years
Block Inc. was initially named Square Inc. and tested its payment method on 50,000 merchants in the summer of 2010. The company was reporting a chargeback rate of less than 0.05 percent. In February 2011, Square was reportedly valued at approximately US$240 million, signing up 100,000 new merchants every month. In April 2011, Square announced that it has secured an investment from Visa.In October 2011 the company stated that it was processing about US$2 billion per year in payments through it...
2015–2020 initial public offering
In 2015, Square stated that it processed about US$23.8 billion worth of payment volume in 2014.In the same year, the company sold shares in its initial public offering for US$9 per share, giving itself a market capitalization of $2.9 billion. In 2018, Vox reported Square as stating that over 7 million people used the Cash App in December 2018. Vox also stated that Cash App was the "No. 1 free finance app in Apple's U.S. iPhone App Store" and was "ahead" of PayPal and Venmo. In October 2020, S...
On 2 March 2021 Square reached an agreement to acquire majority ownership in Tidal. Square paid $297 million in cash and stock for Tidal, with Jay-Zjoining the company's board of directors. Jay-Z, as well as other artists who currently own stock in Tidal, will remain stakeholders. On December 1, 2021, Square announced that it would change its compa...
Square
Square is a payments platform aimed at small and medium businesses that allows them to accept credit card payments and use smartphones or tablets or computers as payment registers for a point-of-sale system (POS). The platform was founded in 2009 by Dorsey and McKelvey. Square also offers additional features to manage various operations including staff payroll and shift schedules, customer bookings, inventory, e-Commerce,banking and business loans. In 2022, a Protocol survey showed that 35% o...
Cash App
Launched in October 2013, Cash App (formerly Square Cash) allows person-to-person money transfer via the app or website for debit card users. In March 2015, the firm introduced Square Cash for businesses, which includes the ability for individuals, organizations, and business owners to use a unique username, known as a $cashtag, to send and receive money. As of 2023, Cash App also offers a savings account and a debit card, and services such as direct deposit and investing in stocks and Bitcoi...
Afterpay
Afterpay is an Australian digital payment platform in which a bought product can be paid off in four installments. This idea made in 2008 by a then eighteen-year-old Nick Molnar was geared towards millennials and inspired by the aftermath of the 2008 Global Financial Crisis. Molnar and Partner/ Co-founder Anthony Eisen launched their platform in 2014 and in four years their product reached a market capitalization of around $3.3 billion. In February 2020, Afterpay was reported to have 3.6 mill...
Square received angel investments from Marissa Mayer, Kevin Rose, Biz Stone, Dennis Crowley, Shawn Fanning, MC Hammer, and Esther Dyson.[citation needed]Since then, it has raised several additional rounds of funding: 1. Series A funding from Khosla Ventures 2. Series B funding from Sequoia Capital 3. Series C funding from Kleiner Perkins 4. Series ...
Operations
Block was co-founded by Twitter creator Jack Dorsey under the name Square. Dorsey also serves as chief executive officer and Amrita Ahuja serves as chief financial officer. Block's office is in San Francisco.The firm has more than 5,000 employees. Block's payment platform, Square, has been available in the United States since 2010 and the company launched in Canada at the end of 2012. In March 2020, Square implemented remote work due to the COVID-19 pandemic. In May 2020, Square announced tha...
Financing and acquisitions
In August 2014, Victory Park Capital, an asset management firm, invested in Square Capital. In May 2015, Square Capital raised additional funding, with Victory Park Capital tripling its initial investment. As of 2016, Square had loaned $1 billion to companies through Square Capital since the program's inception. On November 19, 2015, Square Inc. became a public company via an initial public offering. On April 19, 2018, Square announced that it had acquired Zesty, a food delivery service that...
Allegations of illegal activity
On 23 March 2023 the investment research firm Hindenburg Research disclosed a short position in Block, leading to a 15 percent drop in the company's shares that day. Hindenburg's accusations of Block included exaggerating user counts, failing to curb fraud and illegal activity on Cash App, and permitting impersonation of high-profile individuals. It also wrote in its report that Block "embraced predatory offerings and compliance worst practices in order to fuel growth and profit from facilita...
Business data for Block, Inc.:The 828-metre (2,717 ft) tall Burj Khalifa in Dubai has been the tallest building since 2010. The Burj Khalifa has been classified as megatall. A diagram showing the tallest buildings as of 2024 This is a list of the tallest buildings.Tall buildings, such as skyscrapers, are intended here as enclosed structures with continuously occupiable floors and a height of at least 340 metres (1,120 ft).
The Second Sino-Japanese War was the war fought between the Republic of China and the Empire of Japan from 1937 to 1945 as part of World War II. It is often regarded as the beginning of World War II in Asia. It was the largest Asian war in the 20th century [25] and has been described as "the Asian Holocaust ", in reference to the scale of ...
