Paypal

Michael Burry Adds to PayPal Stake Amid AI Frenzy

Famed 'The Big Short' investor Michael Burry announced he increased his stake in Paypal (PYPL) in a post on Substack.He argues the market is...

PayPal to Use AI, Cut Costs, Save $1.5B Under CEO Lores

Paypal CEO Enrique Lores announced a major initiative to use AI for cost savings and product improvements.The company targets over $1.5 billion in gross...

Paypal preps for activist defense amid bid rumors

Paypal is reportedly not engaged in any current sale talks with Stripe or other parties, according to Semafor.The fintech giant has been working with...

PayPal files to form Utah industrial bank for crypto, loans

Paypal has applied for approval to establish a Utah-chartered industrial bank.This would enable the company to originate loans, hold deposits, and access payment networks...

PayPal Applies to Launch Its First U.S. Bank for Small Business

Paypal Holdings has applied to open its first physical U.S. bank, chartered in Utah as an industrial loan company.The proposed bank would focus on...

PayPal’s PYUSD Stablecoin Soars 224% Amid DeFi Boom

Paypal’s stablecoin PYUSD circulation has increased by 224% in three months.Decentralized finance (DeFi) protocols and user incentives are major growth drivers for PYUSD.Ethena, a...

Paxos Accidentally Mints $300 Trillion of PayPal’s Stablecoin PYUSD

Paxos mistakenly created $300 trillion worth of Paypal's stablecoin, PYUSD. The incident was an internal technical error and did not threaten customer funds. All mistakenly minted...

PayPal, Google Shares Rise on New AI-Powered Commerce Partnership

Paypal and Alphabet announced a new multi-year partnership to enhance digital commerce with Artificial Intelligence.PayPal will implement Google's Ai technology to develop new shopping...

Latest news

PamStealer Malware Targets MacOS Users, Steals Data

A new macOS malware, PamStealer, is actively targeting cryptocurrency users by stealing wallet data and system passwords.It spreads via...

Bitcoin Rebound Above $61K Sparks Rally: What’s Next?

The cryptocurrency market is rebounding today, with Bitcoin trading above $61,000.The rally may be driven by Federal Reserve Chair...

Wealthy Americans Flee to New Zealand Amid Property Price Slump

New Zealand property prices have hit a 3-year low, creating a buying opportunity.A reported 766 wealthy Americans have applied...