I'm Deerreboza, and you're listening to CNBC's Tech Check.

Our show is live weekdays at 11 a.m. Welcome to Tech Check. I'm Carl Kintanian with John Ford and Dear

Robosa back at one market today. Jack Dorsey decides to pay now more on Squares' $29 billion

acquisition of afterpay than more Disney drama as streaming continues to upend the Hollywood establishment.

Later on, a controversial new book on Tesla is out tomorrow, and the author is going to join us this hour, Dee.

And Carl, happy to be here back home in a revamped one market with the Bay Bridge and the Embarcadero to my right.

We'll show you that later.

Let's get right into it, though.

Our feed this morning starts with Square, paying $29 billion in an all-stock deal for Australia's AfterPay, pushing further into the growing buy-now pay-later market.

That price tag, about a 30% premium to Afterpay's last closing price.

Square CFO, Emerita at Huja was on Squawk on the street earlier. Have a listen.

With Afterpay, we have the opportunity to strengthen and closely connect our seller ecosystem,

which serves millions of merchants, and cash up, which serves 70 million active cut consumers on an annual basis.

Together, we can create an even more powerful commerce platform connecting the two.

Squares a big off of that announcement, more than 10 percent.

And, of course, the surprise of its earnings, record gross

profit for the quarter up 91% from a year ago. John, what I found so interesting about this

announcement is part of the key attractions, Square said, was a growing weariness towards traditional

credit from younger consumers. And I've got to say, I have lived in the U.S. for five years.

I have not had a credit card or felt the need for one with the debit card. So I understand this

movement and how a lot of folks, especially in a millennial and Gen Z demographic, don't need

the credit cards anymore. Well, it's a challenge, Dee, because you still got to build credit

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