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Payment software company Square changed its name to ‘Block’ this month. Now H&R Block is suing them.

Payment software company Square changed its name to 'Block' this month. Now H&R Block is suing them.
Written by publishing team

Jack Dorsey, the former CEO of Twitter he co-founded Square In 2009, it was announced on December 1 that the company would change its name to to forbid. It is the parent company of CashApp And Tides. The name that reminds us of “blockchain” draws parallels to it dead The recently announced new name for Facebook.

Tax preparation company H&R . block Not happy, considering that the two services have overlapping offerings.

H&R Block claims that Square’s new name competes directly with Block in several areas of financial services, including a recently purchased tax service called Cash App Taxes — formerly Credit Karma Tax — a $0 tax filing service similar to H&R Block.

the edge

It seems that there can only be one financial firm “Block”. We could simplify tax law to make H&R Block useless, but that’s unlikely to happen soon, so H&R Block and Block, Inc. will take the matter to court.

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