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Fortune
Fortune
Andrew Nusca

Data Sheet: Speculation runs rampant

Airbnb CEO Brian Chesky during a conference in Los Angeles on Wednesday, May 1, 2024. (Photo: Eric Thayer/Bloomberg/Getty Images)

Good morning. Jay-Z has 99 problems, but Block ain’t one…for now, anyway.

Executives at the fintech company founded by Jack Dorsey—or is it Rick Rubin? I can barely tell their beards apart these days—have ordered staff not to mention the board member and Beyoncé spouse on internal channels, according to Fortune colleague Kali Hays.

No one’s quite sure why, but successive layoffs at music streaming service Tidal—which Block quixotically bought from Jay-Z—haven’t helped. Perhaps Dorsey should channel zenmaster-megaproducer Rubin after all: “Do what you can with what you have. Nothing more is needed.” —Andrew Nusca

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