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PayPal co-founder Peter Thiel on AI: ‘Going to be much worse for math people’

There will be more opportunities for those with strong verbal skills, Peter Thiel said.

PayPal co-founder and former CEO Peter Thiel is seen.
(Reuters)
Published on May 27, 2024 03:25 PM IST
By | Edited by

PayPal launches a stablecoin in latest crypto payments push

PayPal was granted a local crypto license by the regulator in June last year.

PYUSD is designed to be redeemable for dollars at all times and can also be exchanged for other cryptocurrencies available on PayPal’s network.(REUTERS)
Published on Aug 07, 2023 09:26 PM IST
Bloomberg |

X.com now points to Twitter.com: Elon Musk

Elon Musk announced that the x.com URL will now be directed to the microblogging website Twitter.

Elon Musk posted an old picture where his love for letter X can be seen.(Twitter/elonmusk)
Published on Jul 23, 2023 11:34 PM IST

Strict rules for lending apps, combating malware underline Google’s Play Store

There are elaborate guidelines for developers of digital lending apps in India, including declaration about licensing and loan provisioning partners

Malware laden Android apps continue to be a big problem for Google. (Reuters file image)
Updated on Apr 28, 2023 01:13 PM IST

PayPal CEO Dan Schulman's pay slashed 32% to $22 million

Schulman was awarded $22 million in compensation for 2022, including about $20.2 million in stock awards, the company said Thursday in a filing.

The company failed to meet targets it set for key metrics, including revenue, adjusted operating margin and net new active users, the board compensation committee said.(REUTERS)
Published on Apr 14, 2023 06:55 AM IST
Bloomberg |

PayPal enables passkeys for Android users. Here's how to use it

Recently, PayPal had enabled passkeys for the users on Apple iOs platform.

PayPal’s stock has been battered by the slowdown in growth in payments volume on its platform after the pandemic began to recede. (File)
Published on Mar 24, 2023 01:37 PM IST

PayPal to cut 2,000 jobs in latest tech layoffs

The cuts, which will affect about 7% of employees, will take place in the coming weeks, Chief Executive Officer Dan Schulman told employees in a memo.

PayPal’s stock has been battered by the slowdown in growth in payments volume on its platform after the pandemic began to recede. (File)
Published on Feb 01, 2023 08:41 AM IST
Bloomberg | | Posted by Ritu Maria Johny

‘Not pursuing acquisition of Pinterest at this time’: PayPal amid rumours

PayPal's shares rose 6.7 per cent to $256.50 in premarket trading on Monday, while Pinterest was down 10.8 per cent to $51.80.

PayPal has more than doubled its market capitalisation thanks to the explosion of online commerce during the pandemic, and now exceeds $300 billion. 2021. (REUTERS/Dado Ruvic/Illustration)(REUTERS)
Published on Oct 25, 2021 04:51 PM IST
AFP | | Posted by Sharangee Dutta, Hindustan Times, New Delhi

PayPal says to shut domestic payments business in India

San Jose, California-based PayPal will instead focus on its cross-border payments business, which means global customers will still be able to pay Indian merchants using the service.

The PayPal logo is seen at an office building in Berlin, Germany. (REUTERS)
Published on Feb 05, 2021 09:54 AM IST
Reuters | , New Delhi

PayPal becomes first foreign company to offer digital payments in China

In taking full control of one of the smaller players in the world's largest payment market, PayPal will compete with domestic payments giants Alipay, owned by Alibaba-affiliated Ant Group, and WeChat Pay, owned by Tencent Holdings Ltd, as China fully opens up its financial sector.

The PayPal app logo is seen on a mobile phone.(Reuters)
Published on Jan 14, 2021 11:29 AM IST
Reuters |
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