PayPal: News
31 Jan 2024
BusinessPayPal 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
XX 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
ResearchPayPal 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
GooglePayPal 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
InstagramInstagram 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 MuskHappy birthday Elon Musk: Tracing his life and key milestones
Tesla and SpaceX CEO, Elon Musk, has been an enigma to many.
05 Feb 2021
AustraliaNewsBytes 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
E-commercePayPal 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
BitcoinBitcoin 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
ZDNetHackers 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
Facebook#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
FacebookWhy 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
NoidaSix 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.
11 Oct 2018
Mumbai Metro Rail CorporationSoon, 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.
23 Jun 2018
Artificial Intelligence and Machine LearningPayPal 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 MonthHow 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
India#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
PaytmLove 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
IndiaUS-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 ThielPersonalized 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
IndiaStart-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
GoogleGmail 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 TrumpPaypal 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.
20 Aug 2016
Federal Bureau of InvestigationBerkeley'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
NigeriaNigeria: 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.
