$35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decadeA dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export oper...
04 Jun, 2026, 11.39 AM IST
Ebay's 30-year journey: From a bidding marketplace to takeover targetGamestop has proposed a massive fifty-six billion dollar deal to acquire EBay. The videogame retailer, known for its meme-stock fame, is pr...
04 May, 2026, 07.38 PM IST
PayPal stock surges as pledge to turn "leaner" keeps crypto concerns at bayThe company's shares climbed nearly 7% to $55.12 on Thursday as a strong full-year profit forecast also calmed market jitters about a spend...
02 Nov, 2023, 07.45 PM IST
PayPal tumbles 12%, eyes lowest close since 2017PayPal late on Monday estimated adjusted operating margin expansion of 100 basis points this year, compared with its earlier forecast of 12...
10 May, 2023, 08.01 AM IST
Australian regulator accepts PayPal unit's undertaking for money laundering lawsIn 2019, AUSTRAC, which is tasked with ensuring compliance with the laws, had ordered PayPal Australia Pty Ltd to appoint an external audit...
17 Mar, 2023, 01.17 PM IST
PayPal tells Australia it supports buy-now-pay-later regulationThe US firm, which provides BNPL loans alongside its main money transfer service, said it had its own safeguards to protect shoppers from b...
16 Feb, 2023, 02.33 PM IST
PayPal pauses stablecoin work amid regulatory scrutiny of cryptoPayPal had hoped to debut the stablecoin, which will be backed one for one by the dollar, in the coming weeks, Bloomberg reported, citing a...
11 Feb, 2023, 10.50 PM IST
PayPal to lay off 7% of its workforce, fire 2,000 employeesPayPal's move to cut staff - a move to reduce costs- comes against the backdrop of decades-high inflation hitting the purchasing power of c...
01 Feb, 2023, 10.56 AM IST
German cartel office initiates proceedings against PayPalSubject of the proceedings were PayPal's rules for extra charges and the presentation of PayPal in the terms of use for Germany, the watchd...
23 Jan, 2023, 05.24 PM IST
PayPal's "prudent" revenue growth forecast cut sinks sharesPayPal posted a lower adjusted profit of $1.08 per share for July-September. Analysts had expected a profit of 96 cents a share. The compan...
04 Nov, 2022, 07.56 AM IST
PayPal says policy to fine customers for 'misinformation' was an 'error'According to several media reports last week, PayPal had published a policy update prohibiting customers from using its services for activi...
10 Oct, 2022, 11.33 PM IST
Crypto exchange Binance (US) hires former PayPal executive Jasmine Lee as CFOJasmine Lee most recently served as the chief financial officer (CFO) and chief operating officer (COO) of investing application Acorns. Be...
07 Jul, 2022, 08.37 PM IST
PayPal heats up buy now, pay later race with $2.7 bn Japan dealThe deal tracks rival Square Inc's agreement last month to buy Australian BNPL success story Afterpay Ltd for $29 billion, which experts sa...
08 Sep, 2021, 11.19 AM IST
PayPal launches crypto buying and selling in the UKThe roll-out, which marks the first international expansion of PayPal's cryptocurrencies services outside of the United States, could inspi...
23 Aug, 2021, 08.46 AM IST
PayPal launches crypto checkout serviceCustomers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat...
30 Mar, 2021, 08.54 PM IST
PayPal launches crypto checkout serviceCustomers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat...
30 Mar, 2021, 03.29 PM IST
PayPal becomes first foreign firm in China with full ownership of payments businessPayPal Holding Inc has become the first foreign operator with 100% control of a payment platform in China, according to Chinese government ...
14 Jan, 2021, 12.12 PM IST