PayPal

American worldwide online payments system

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Peter Thiel temporarily moves to Argentina amid political concerns
politics May 29, 2026, 3:40 PM
Peter Thiel temporarily moves to Argentina amid political concerns
  • Peter Thiel has temporarily relocated to Buenos Aires, investing in a significant property.
  • His move is driven by concerns regarding U.S. politics and potential tax changes.
  • There is no confirmation of a permanent departure from the U.S., indicating a limited but noteworthy shift.
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PayPal expands PYUSD access globally to boost cross-border transactions
business Mar 17, 2026, 1:00 AM
PayPal expands PYUSD access globally to boost cross-border transactions
  • PayPal has expanded its stablecoin PYUSD to 68 new countries, facilitating easier cross-border transactions.
  • The integration of PYUSD reduces fees and allows users to keep funds in their accounts rather than converting to local currency.
  • This move aims to enhance financial flexibility and accessibility for users in regions with previously limited PayPal services.
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business Mar 16, 2026, 7:47 PM
Apple MacBook Air M1 now available for $370 with shipping
  • An Apple MacBook Air 2020 is on sale for $370, including shipping.
  • The listing also includes an Apple iPad Air 2 priced at $30 and an Orb Audio Stereo set for $100.
  • The seller's products are available only for shipping within the United States.
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PayPal's board takes bold steps to regain investor trust
business Feb 12, 2026, 1:00 AM
PayPal's board takes bold steps to regain investor trust
  • PayPal's stock price has seen a dramatic decline of approximately 86% over the last five years.
  • The company is now ranked 137 on the S&P 500, facing intense competitive pressure from rivals like Stripe.
  • The board's recent actions demonstrate the need for rapid adaptation to regain investor trust and market position.
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PayPal ousts CEO Alex Chriss; Enrique Lores steps in to drive change
business Feb 3, 2026, 2:19 PM
PayPal ousts CEO Alex Chriss; Enrique Lores steps in to drive change
  • PayPal's board decided to replace CEO Alex Chriss due to unmet expectations for change and performance.
  • Enrique Lores, who has been a board member and chair, will assume the CEO position on March 1.
  • The leadership change follows disappointing financial results, and Lores is expected to drive necessary transformations.
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PayPal embraces stablecoins to tackle financial challenges
business Dec 18, 2025, 1:00 AM
PayPal embraces stablecoins to tackle financial challenges
  • PayPal has seen a decline of over 30% in stock price since January 2023, facing heightened competition.
  • In response to market pressures, the company launched its stablecoin, PYUSD, aiming to enhance payment solutions.
  • Analysts remain skeptical about the immediate financial impact of this initiative, highlighting the long-term strategic potential.
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Verizon plans significant layoffs to combat fierce market competition
business Nov 13, 2025, 1:16 PM
Verizon plans significant layoffs to combat fierce market competition
  • Verizon Communications Inc. is cutting approximately 15,000 jobs due to fierce competition in the telecommunications market.
  • The company has reported consecutive losses in postpaid phone subscribers for three quarters, prompting a need for operational changes.
  • These significant layoffs represent the largest job cuts in Verizon's history, indicating a critical strategic shift under new CEO Daniel Schulman.
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