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The Latest Breaking News from PayPal

PayPal scam warning over 'request money' email

The email tries to get the recipient to call a number which is included in the message

Belfast Live

CEOs are retiring, but giving up power isn’t easy

An organizational psychologist explains how boards can help CEOs keep their inner demons at bay during the difficult months they spend saying goodbye.

Fortune

PayPal confirms office closure and 62 redundancies across Irish workforce

The announcement was made on the American multinational fintech company's website

Irish Mirror

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PayPal to lay off at least 35 Dublin workers with sale of office in Ballycoolin

The company is to sell its site in Ballycoolin in Dublin and move to a smaller, more central location in Dublin

Dublin Live

Klarna is introducing late payment fees - everything you need to know

The 'buy now pay later' provider is proving popular with shoppers

Bristol Post

How can I avoid a rip-off on Facebook Marketplace?

It’s happened twice when I was asked to pay by PayPal ‘friends and family’

The Guardian - UK

Alethea is helping companies detect and mitigate disinformation

In politics, Kaplan designed a strategy to combat fake news. She’s turned what she learned into a cybersecurity firm that raised $10 million in November.

Fortune

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Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

Fortune

As PayPal Stock Flounders, Option Trade Offers $350 Return

PayPal is showing low implied volatility, which means options are cheap compared to the recent past.

Investors Business Daily

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

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 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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Investors Business Daily

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.

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news in one place.

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Tribune News Service

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.

Dublin Live

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

Fortune

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.

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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