Paypal lets go of 2000 employees
Seven per cent of its workforce
Online payment outfit PayPal has announced that it is laying off 2,000 employees in the forthcoming weeks.
German's investigate Paypal over cartel claims
We ask the questions
Germany's cartel office regulator has started an investigation against payment outfit PayPal over the possibility that it hindered competition.
PayPal backs down free speech fine
Claims it was all a terrible mistake
PayPal has backed down on a controversial change to its terms and conditions which would have fined users $2,500 if they advance purported “misinformation” or present risks to user “wellbeing.”
Russian IT workers find themselves sanctioned
Happens when your workers are modern internationalists but your politicians are old fashioned imperialists
Thanks to the internet modern Russian IT workers have been making a rather good living working online for European and US IT companies, but now that has come crashing to a halt.
PayPal first to have all of Chinese payment platform
Eyes booming market for online payments
PayPal become the first foreign operator with total control of a payment platform in China, according to Chinese government data.
PayPal allows buying, holding and selling cryptocurrencies
Teams up with Paxos
PayPal has partnered with cryptocurrency company Paxos to launch a new service. PayPal users in the US will soon be able to buy, hold and sell cryptocurrencies.
Paypal didn't fix a bug which could drain users accounts
CyberNews found six bugs
Cybersecurity analysts at CyberNews have blasted PayPal failing to fix major vulnerabilities that allow hackers to quickly drain users’ bank accounts.
Paypal’s Peter Thiel gives up on Donald Trump
Incompetent and headed towards a disaster
Friend to the free press, Peter Thiel, was one of the few Silicon Valley supporters of President Trump but now is doing his best to distance himself from the Prince of Orange.
Facebook announces PayPal integration in Messenger
192 million PayPal users can pay using messaging app
Facebook has announced that PayPal will become one of the payment options within its Messenger service.
Paypal enters the payment market
All that experience...
Paypal is entering the online payments market and is taking on those in the Tame Apple Press who are trying to carve out a niche for their favorite toymaker.