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1 min read

Srini Venkatesan is responsible for PayPal's new AI-powered personalization features

He has about 200 petabytes of PayPal transaction data to put to work through AI innovations

Eugene Kim   


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2 mins read

Tamil Nadu government inks pact with Microchip, Nokia, PayPal during CM's visit to San Francisco

The Tamil Nadu government has signed agreements with companies like Microchip, Nokia, and PayPal du…

PTI   


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3 mins read

PayPal just opened a new ad business. The exec leading it unpacks the plan to link advertisers with its trove of transaction data.

PayPal Ads intends to offer ads across its own properties, as well as the sites of tens of millions…

Lara O'Reilly   


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2 mins read

GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you

At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…

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2 mins read

Belle Delphine earned over $90K selling jars of her bathwater in 2019. PayPal only released her money this week.

PayPal froze more than $90,000 of the adult creator's money for violating its policies. Five years …

Katie Notopoulos   


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1 min read

PayPal lays off 2,500 workers one week after CEO announces 'new chapter'

PayPal will cut 9% of its workforce, adding to a slew of January layoffs. Last week, its new CEO an…

Paul Squire   


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These were the 10 worst performing stocks in the S&P 500 in its worst half since 1970

Concerns about high inflation, aggressive rate hikes by the Federal Reserve, and the potential for …

Matthew Fox   


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PayPal plunges 27% as the company issues weak guidance on the back of inflationary pressures

The payments company now sees 2022 revenue growth of 15% to 17%, lower than its projection of 18% i…

Carla Mozée   


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Stock market today: US futures remain buoyant after S&P hits record high

US stock futures powered higher after the S&P 500 index set a new record on Friday, while bitcoin a…

Anil Varma   


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Paypal falls after weekend blowback over misinformation policy that would have fined users $2,500

As the backlash grew, so did calls to delete your PayPal and Venmo accounts in protest, and "Boycot…

Matthew Fox   


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2 mins read

PayPal taps Intuit exec Alex Chriss as its new CEO

Chriss' appointment comes at an important time for PayPal. Shares of PayPal fell about 60% in 2022 …

Bianca Chan   


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1 min read

PayPal's latest crypto play is a stablecoin pegged to the US dollar

The stablecoin, named PayPal USD (PYUSD), aims to "build the bridge between between Fiat and Web3 f…

Zahra Tayeb   


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Pinterest drops, PayPal pops after the payments platform says it is no longer exploring acquisition of social media company

Investors were skeptical of the potential deal, as evidenced by PayPal's swift 11% decline after th…

Matthew Fox   


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Pinterest soars 19% on reports PayPal is exploring acquisition of social media company for $39 billion

Bloomberg reported that PayPal is considering paying $70 per Pinterest stock, putting a potential d…

Matthew Fox   


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2 mins read

Elon Musk arm-wrestled his business partner to settle PayPal software dispute: book

Elon Musk challenged Max Levchin to an arm-wrestle to settle a disagreement when the two worked tog…

Polly Thompson,Grace Dean   


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PayPal jumps 14% after the fintech launches a massive $15 billion stock buyback and receives the backing of Elliot Management

Bank of America said PayPal's commitment to returning cash to shareholders means a dividend could b…

Matthew Fox   


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1 min read

Members of the 'PayPal Mafia' include tech titans like Elon Musk, Peter Thiel, and Reid Hoffman. Here's where they are now.

Many of PayPal's early employees went on to become major names in tech and the venture capital worl…

Tami Brehse,Kylie Kirschner   


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PayPal falls after earnings beat estimates but 3rd-quarter guidance disappoints

PayPal sees a "drag" of $485 million on Q3 revenue as eBay payments move off PayPal's platform fast…

Carla Mozée   


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PayPal is reportedly exploring stock-trading service for US customers

To help launch the effort, PayPal hired Rich Hagen to lead a previously unreported division called …

Isabelle Lee