PayPal shares rise after announcing 2,000 job cuts
By Elisa PayPal Holdings said Tuesday it is planning to cut 7% of its workforce, or about 2,000 employees, the latest fintech firm to blame mass layoffs on the economic slowdown. …
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PayPal shares plunge 25% as bleak forecast stokes growth fears
By Elisa Shares of PayPal slumped as much as 25% on Wednesday as investors questioned the company’s growth prospects after it disclosed a big hit to revenue from the impending loss …
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Pinterest stock soars after report says PayPal may acquire it
By Feuer Shares of Pinterest soared as much as 17 percent Wednesday after a report said financial-technology firm PayPal is considering buying the social media company. PayPal has recently approached …
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PayPal fixes bug that could have allowed hackers to steal passwords
By Keil J. A software wiz discovered a “high-severity” bug that put users’ data at risk, but the company fixed it before anyone’s personal information could be “exposed.” The vulnerability, …
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