PayPal
Paypal co-founder Peter Thiel’s family office pays record rent for top Miami tower
He is paying about US$250 psf for 18,158 sq ft of space, roughly five times the city’s average office lease
Embrace AI or get left behind: Job cuts sweep through crypto firms
Bitcoin is down about one-third since hitting a peak in October
PayPal plans job cuts as its new CEO pursues turnaround strategy
PAYPAL plans to cut costs and jobs as new chief executive officer Enrique Lores seeks to turn around the payments company that’s faced stiff competition in recent years.
PayPal launches stablecoin PayPal USD in 70 markets including Singapore
This will enable instant cross-border transfers in US dollars
Payments processor Stripe expresses interest in PayPal
Stripe has become one of the industry’s most coveted players
PayPal attracts takeover interest after stock slump
The company now finds itself in a rut with its customers increasingly turning to alternative ways to pay for things
PayPal sees 2026 profit below estimates, names Enrique Lores as CEO
Its lower surplus is due to weaker US retail spending and slower growth in its branded checkout segment
PayPal applies to become a bank as US loosens regulatory reins
The application comes on the heels of a number of cryptocurrency firms gaining preliminary regulatory approval to become banks last week
PayPal raises earnings guidance after announcing OpenAI deal
The company reports 37% surge in Q3 transaction, credit losses to US$483m
Paxos mistakenly issues US$300 trillion of PayPal stablecoin
Plenty of so-called fat-finger errors have happened in crypto before
