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The Latest Breaking News from PayPal

Warning as cruel scammers use fake appeals to profit from Turkey-Syria earthquakes

People who want to donate to help people affected by the disaster are urged to ensure that their money does not fall into the hands of fraudsters

Chronicle Live

Job cuts widen as tech, biotech firms plan fresh rounds of layoffs

Tech and biotech companies have begun to reveal plans for multiple rounds of job cuts in the Bay Area, disquieting disclosures that suggest the current layoff surges will be ongoing.

Tribune News Service

PayPal just paused its plan to release a stablecoin after reports its partner is under investigation amid a larger crypto crackdown

The reported pause follows a month of concerted federal and state regulatory actions against crypto companies.

Fortune

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Dow Jones Falls After Inflation Survey Data; Lyft Crashes 35% On Earnings Miss

The Dow Jones Industrial Average fell Friday after preliminary inflation survey data from the University of Michigan. Lyft crashed on weak Q4 results.

Investors Business Daily

PayPal Jumps As Spending Powers Earnings Beat; CEO Dan Schulman To Retire

"It's still difficult to accurately assess how the year ahead will play out in terms of e-commerce growth," said CEO Dan Schulman.

The Street

Stocks Edge Lower, Adidas, Lyft, PayPal, Expedia In Focus - Five Things To Know

Stock futures slip as Treasury yields move higher; Adidas counts the cost of Kanye West split, shares slump; PayPal higher after solid Q4 earnings, CEO Schulman to retire; Lyft shares collapse after grim forecast widens gap with Uber and Expedia slides as severe December weather blunts travel, bookings.

The Street

PayPal CEO to step down amid economic turbulence and slumping shares after years of breakneck growth

Dan Schulman joined PayPal in 2014, shortly before the company split from eBay.

Fortune

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Dow Jones Futures Fall As Market Shakeout Deepens; Tesla Doubles From Bear Low

The market rally got a needed shakeout, but here's what you should do. Tesla slightly raised the base Model Y price in China. Cloudflare leapt on earnings after hours

Investors Business Daily

PayPal Earnings Top Estimates, CEO Schulman To Retire

PayPal Holdings reported fourth-quarter earnings and revenue that topped views while total payment volume missed. PayPal stock rose.

Investors Business Daily

PayPal Gains In Early 2023 Amid Buyback But Apple Pay Bugaboo Remains

Shares of PayPal have gained about 13% in early 2023 ahead of fourth-quarter earnings. But a big bugaboo remains for the stock: Apple Pay.

Investors Business Daily

Dow Jones Dips Amid China Fears; PayPal Stock Slumps On This

The Dow Jones fell amid China fears. PayPal stock fell after a bearish call. Nordstrom dived as Ryan Cohen effect wore off. Intel was a blue chip loser.

Investors Business Daily

PayPal chops hundreds of Bay Area jobs in fresh jolt to tech sector

SAN JOSE, California — PayPal has revealed plans for a fresh round of job cuts in San Jose, a staffing reduction that serves as a disquieting sign that the Bay Area’s tech layoffs have yet to run their course.

Tribune News Service

PayPal to lay off 2,000 employees in global job cuts

The fintech company employs over 2,000 people in Ireland and slashed around 300 job from its Irish operations last year

Dublin Live

Musk's plan for an 'everything app' could save Twitter—if he doesn't destroy it first

Elon Musk is moving forward with his plan to turn Twitter into a payment platform. He'd better hurry.

Fortune

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Kiplinger

Best AI Stocks to Buy: Smart Artificial Intelligence Investments

Artificial intelligence is a rapidly expanding technology. Here are the best AI stocks to buy right now.

Evening Standard

How to buy Dogecoin

It might have started out as a joke, but with a market capitalisation of £10.4 billion, Dogecoin (DOGE) is a serious player in the crypto space.

The Independent UK

Kimberly Palmer: How to safely use payment apps

Scams are common on peer-to-peer payment apps, but you can keep your money safe by avoiding questionable payment requests that may be fraudulent, only sending money to people you know and upgrading your privacy settings

StockNews.com

Price Rallying, But Brand Assault Continues for Paypal as Cyberattack Reveals Customer Information

Paypal's recent hack is the latest event to tarnish its brand. Nonetheless, its revenue continues to grow.

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Fortune

America’s biggest banks are teaming up to take on Apple Pay and PayPal with a new digital wallet. Analysts think it could flop

The company behind the popular payment service, Zelle, is launching a new wallet to compete with payment behemoths PayPal and Apple Pay.

Investors Business Daily

Stock Market Closes Higher As Weak Economic Data Fuels Rate Hopes; Tech-Heavy Nasdaq Leads

The stock market closed higher, led by the tech-heavy Nasdaq as stocks such as Nvidia, Salesforce and Apple gained.

Salon

2020 liars hyped fake Ukraine hospital

True the Vote, a group that spread discredited election conspiracy theories, “abandoned” The Freedom Hospital

Investors Business Daily

Dow Jones Regains Key Level; Tesla's 35% Upside; Microsoft, Intel, Tesla, Salesforce, Lam Research And KLA On Deck

Dow Jones rose as the Nasdaq added to its three-week win streak. Wedbush analysts sees 35% upside to Tesla; Microsoft, Salesforce, Tesla on deck.

AFP

German antitrust watchdog opens probe into PayPal

Frankfurt (Germany) (AFP) - Germany's antitrust watchdog said Monday it had launched an investigation into PayPal to examine whether the US online payment giant was using its dominance to restrict competition.

The Street

Why PayPal Users Need to Check Their Accounts (Right Now)

PayPal customers attacked and personal information compromised.

Daily Record

Jealous Scots cop launched terror campaign against fellow officer after she ended their affair

Pc Deryck Cluckie bombarded constable Caillie Douce with hateful texts and threatened to kill himself after she called off their romance.

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