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Michael Roddan is a reporter at The Information based in San Francisco covering banking and financial services. He was previously a National Correspondent with the Australian Financial Review, and a journalist with The Australian newspaper covering economics, politics, regulation, public policy and financial services from Parliament House in Canberra, and in Sydney and Melbourne covering the financial system. He can be reached at [email protected] or on Twitter at @michaelroddan and at +1 347 864 0601
Articles

Block Cuts Workforce by 40% in AI Bet

Block plans to cut its 10,000-strong workforce to under 6,000 employees.

Chime Flags Profitability in 2026

The fintech banking company, which publicly listed last June, on Wednesday reported a full year loss of $1 billion.

Stripe Reportedly Expressed Interest in Acquiring PayPal

Payments fintech Stripe is considering a whole or partial acquisition of struggling rival PayPal, according to Bloomberg. 

Deel Loses Motion to Dismiss Rippling Racketeering Case

A judge has thrown out global payroll startup Deel’s attempt to dismiss parts of a corporate espionage case brought against the firm by rival Rippling.

Stripe Aims for $140 Billion Valuation in new Tender

Stripe is preparing a potential tender offer that could value the payments company at more than $140 billion, Axios reported. 
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