PayPal: News

17 May 2024

Elon Musk

Twitter's rebranding transition complete: is now official domain name

Twitter has undergone a significant rebranding, officially adopting for all its core systems.

03 May 2024


Microsoft rolls out passkey support for all consumer accounts

Microsoft has successfully implemented passkey support across all consumer accounts, enabling users to access their accounts without the need to enter a password each time.

31 Jan 2024


PayPal reduces workforce by 9%, 2,500 jobs affected 

PayPal is set to slash 2,500 jobs, or 9% of its global workforce, as it faces stiff competition from rivals like Apple, Zelle, and Block.

27 Oct 2023


X will replace banks next year, says Elon Musk

Elon Musk revealed his plan to turn X into a comprehensive financial solution by the end of 2024, as revealed during his latest all-hands meeting with X employees.

08 May 2023


PayPal co-founder Peter Thiel seeks cryonic preservation. What is it?

Peter Thiel, who co-founded PayPal in 1998, wants his body to be frozen once he dies so that he could be brought back to life in the future.

01 Feb 2023


PayPal faces job cuts amid economic slowdown; 2,000 employees axed

PayPal has announced that it is axing 2,000 employees or roughly 7% of its workforce.

19 Jul 2022


Instagram users can now pay for purchases directly in Chat

Instagram has made shopping a lot easier on the app. The company has announced that users can now pay for products directly within Chat.

28 Jun 2022

Elon Musk

Happy birthday Elon Musk: Tracing his life and key milestones

Tesla and SpaceX CEO, Elon Musk, has been an enigma to many.

05 Feb 2021


NewsBytes Briefing: Google learns blackmailing Australia doesn't work, and more

They say it doesn't hurt to try, but Google will beg to differ; especially, if that involves blackmailing entire countries.

05 Feb 2021


PayPal will shut down domestic payments business in India

PayPal will be shutting down its domestic payment services from April 1. The move will not affect international transactions, as small and large Indian businesses can continue to receive/send money from/to their international contacts.

17 Dec 2020


Bitcoin breaks through $20,000 to reach all-time high

Bitcoin on Wednesday broke through $20,000 for the first time ever following a sustained powerful rally for the world's largest and most well-known cryptocurrency.

25 Feb 2020


Hackers are mysteriously stealing from PayPal accounts for online shopping

PayPal, one of the biggest payment platforms in the world, has been marred by a major, albeit unknown, security flaw.

13 Nov 2019


#NewsBytesExplainer: What is Facebook Pay, how to use it?

In a major move, Facebook has launched its own payments system to enable seamless peer-to-peer transfers and purchases across all its products.

12 Oct 2019


Why eBay, Mastercard, Visa ditched Facebook's Libra cryptocurrency project

When Facebook announced Libra in June, it had promised a digital token for personal and store payments.

17 Nov 2018


Six held in Noida for using malware to dupe foreigners

Six persons were arrested from Noida on Thursday for allegedly using malware to lock up computers of American and Canadian citizens and then demanding money to fix it, police said yesterday.

Soon, Mumbai Metro commuters can recharge smart cards via PayPal

Reliance Infrastructure's Mumbai Metro has partnered with PayPal, one of the biggest platforms in the world for global online payments.

PayPal to acquire Simility, AI-based fraud specialist, for $120 mn

Digital payments giant Paypal has signed a deal to acquire Palo Alto-based fraud prevention solutions provider Simility for $120 million. It is an all cash deal.

04 Jun 2018

Pride Month

How the gay leaders of the corporate-world are changing perceptions

It's Pride Month, and celebrities are once again in the public to take forward the LGBT campaign. And rightly so.

08 May 2018


#FinancialBytes: 6 apps that help you send money aboard

Sending money abroad was once an extremely complicated process but the advent of technology and Internet has made the process quite simple and fast.

12 Feb 2018


Love to quiz? These apps help you learn and earn

Quizzers and people with a thirst for knowledge are in for some good news.

08 Nov 2017


US-based PayPal officially launches domestic operations in India

Upping the competition in the Indian digital payments space, global online payments pioneer PayPal has officially launched domestic operations in India.

30 May 2017

Peter Thiel

Personalized medicines: Silicon Valley doctor calls for optimized treatment

Dr. Molly Maloof isn't your everyday doctor but one that believes that one can only stay healthy by 'optimizing one's health'.

04 Apr 2017


Start-up pitching "love" against "porn" fails to impress investors

MakeLoveNotPorn (MLNP) lets its users upload videos of them engaging in consensual sex.

15 Mar 2017


Gmail rolls out new feature to send and request money

Gmail users can now send, receive and request money through their Gmail app on Android.

17 Jan 2017

Donald Trump

Paypal founder Peter Thiel considering running for California governor

Silicon Valley billionaire Peter Thiel is reportedly considering to run for California governor in 2018, according to three major Republicans.

Berkeley's Premier Cru wine seller pleads guilty to fraud

John E. Fox, the owner of Premier Cru, a wine shop in Berkeley, has pleaded guilty to running a wine-ponzi scheme.

19 Aug 2016


Nigeria: A major hub for African e-commerce start ups

Even 3 years ago, online payment systems in Nigeria were inefficient and often led to failure of payments.