Home buyers have more purchasing power when mortgage rates drop.
For Block, AI implementation has bolstered the company’s operations. “We’re not making this decision because we’re in trouble,” Dorsey noted in his X post. “Our business is strong.” The company reported a gross profit of $2.87 billion in the fourth quarter, up 24% year over year.
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For implementers, backpressure adds complexity without providing guarantees. The machinery to track queue sizes, compute desiredSize, and invoke pull() at the right times must all be implemented correctly. However, since these signals are advisory, all that work doesn't actually prevent the problems backpressure is supposed to solve.
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For Begg, her co-CEO days came to an end in 2024 when Board Intelligence acquired private equity backers, which became a natural point for Sundberg to stand down. Sundberg remains on the company's advisory board.