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He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest peopleAntonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. ...- 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...
- Inside SpaceX's IPO: Musk's most ambitious plan yetSpaceX is preparing for a massive IPO, aiming for a $1.75 trillion valuation. The company's future plans include artificial intelligence, s...
- Quote of the day by Elon Musk: 'Constantly seek criticism. A well thought out critique of whatever you’re doing is...' Life lessons on education, success and career growth by American entrepreneur and the world’s richest personQuote of the day by Elon Musk stresses seeking criticism as essential for improvement. Musk, a South African-born American entrepreneur, ha...
- Global payment majors PayPal and Mastercard gain big post Pine Labs IPOGlobal payment giants PayPal and Mastercard have reaped significant returns from their investments in Indian digital payments firm Pine Lab...
- Peak XV Partners, Temasek, PayPal, Mastercard among largest Pine Labs shareholders after IPOWhile Peak XV is the largest shareholder in Pine Labs with a stake of approximately 17%, the others each continue to hold anywhere between ...
- Verizon stock shrinks 4% after ex-PayPal CEO Dan Schulman named new CEO - here're the challenges he facesDan Schulman: Verizon stock saw a significant drop of over 4 percent on Monday. This decline followed the announcement that Dan Schulman, f...
- PayPal reveals $2 billion stake held by Elliott, announces new CFOPayPal shares shot up nearly 12% after it also announced a slew of moves including appointing Blake Jorgensen as new chief financial office...
- Activist investor Elliott building stake in PayPalAccording to the report, Elliott may eventually become one of PayPal's five largest shareholders.
- Happy birthday Elon Musk! As Tesla boss turns 51, here's a look at his entrepreneurial journeyTesla boss Elon Musk has turned 51 today. Here's a quick look at his key accomplishments.
- Meta institutional investors urge opposing re-election of two board members"We believe the lack of independence of board members Peggy Alford and Marc L. Andreessen is undermining the board's ability to adequately ...
- Wipro shareholders approve reappointment of Patrick Ennis, Patrick Dupuis as independent directorsThe special resolutions for the reappointment of Patrick Ennis and Patrick Dupuis to Wipro’s board received more than 99% votes in favour f...
- 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 ...
- Coronavirus will permanently change consumer behaviour towards digital in India: PayPal CEOThe Covid crisis is evolving into three phases. It started off as a health crisis. And it’s still that, but then it moved rapidly to an eco...
- Pine Labs raises $125 million from Temasek and PayPal“We’re teaming up with Temasek and PayPal at a time when the Indian payments market is at an inflexion point,” said Lokvir Kapoor, Founder ...
- PayPal to buy Xoom for $890 million in cash to expand portfolioOnline payment firm PayPal will acquire digital money transfer services provider Xoom for about $890 million in an all cash deal.
- With eBay decision, Carl Icahn proves his mettle, againEarlier this year, Carl Icahn bought a stake in eBay and began agitating for the company to spin off PayPal. Icahn exchanged a series of le...
- EBay, bowing to Carl Icahn’s pressure, will split off PayPalEBay and PayPal will become independent companies in 2015, subject to customary conditions, the San Jose, California-based company said.
- Meet the PayPal mafia, the richest group of men in Silicon ValleyThe company founded by Peter Thiel, Elon Musk has spawned three billionaires, many, many millionaires, and generation-defining companies.
- Google's `half-baked' Paypal rival's outAfter months of speculations and leaked screenshots, Checkout, Google's rival to eBay's well-entrenched online payment system Paypal, has f...
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