The Latest Breaking News from PayPal

How Russia and Ukraine are finding new ways to use tech in the war

Facial recognition and crypto-savviness are just some of the strategies being deployed by both sides in the conflict

The Guardian - UK · May 7, 2022

Snoop Dogg Buys Ownership Stake of Big3 Team Bivouac

The legendary rapper and PayPal co-founder Ken Howery are the latest ownership group to buy in to the Big3.

Sports Illustrated · May 6, 2022

1,000 Big Issue sellers now accept cashless payment

The Big Issue aims to enable all its 1,500 vendors to become cashless by the end of the year.

The Independent UK · May 5, 2022

PayPal Looks To Close Down Its San Francisco Office That Houses Xoom

PayPal Holdings, Inc (NASDAQ:PYPL) is closing its San Francisco office at 425 Market Street as it evaluates its global office footprint, the TechCrunch reports. The office housed its Xoom business unit. The employees that worked out of that office will work virtually with the ability to work from the company’s headquarters office…

Benzinga · Apr 28, 2022

PayPal Stock Is Surging Today: Here's Why

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading higher Thursday after the company reported better-than-expected top-line results. 

Benzinga · Apr 28, 2022

Mastercard Q1 Earnings Beat Street View As Travel Spending Rebounds

Mastercard Incorporated (NYSE:MA) has reported Q1 sales of $5.2 billion, up 24% (28% currency-neutral), beating the consensus of $4.91 billion. Gross dollar volume increased 17%, on a local currency basis, to $1.9 trillion. Cross-border volume growth of 53% on a local currency basis, with switched transactions growth of 22%. Other revenues increased 18%,…

Benzinga · Apr 28, 2022

How to buy Bitcoin (BTC)

Bitcoin - the largest and best-known cryptocurrency - was born from a rising distrust of government and financial institutions after the global financial crisis of 2008.

Evening Standard · Apr 28, 2022

Morning Brief: Top Financial Stories Dominating on Thursday, April 28

CNBC Ford Motor Slashes 580 Jobs, Mainly In Engineering

Benzinga · Apr 28, 2022

PayPal CEO Wants To Double Down On Digital Wallets, Sees Them As The Future

PayPal Holdings Inc (NASDAQ: PYPL) CEO Daniel Schulman has said there’s a need to “double-down on the digital wallet.”

Benzinga · Apr 28, 2022

PayPal Q1 Profits In-Line With Street Expectation, FY22 Outlook Lags Street Consensus

PayPal Holdings Inc (NASDAQ:PYPL) reported first-quarter FY22 revenue growth of 8% year-over-year to $6.5 billion, beating the consensus of $6.4 billion. Revenue excluding eBay grew 15% on a spot basis. Adjusted EPS was $0.88 (-28% Y/Y), in line with the consensus of $0.88. Adjusted operating income reduced 20% Y/Y to $1.3 billion,…

Benzinga · Apr 27, 2022