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PayPal Active User Base Grows 16 Pct, Hits 295M

PayPal Active User Base Grows 16 Pct, Hits 295M
PayPal Active User Base Grows 16 Pct, Hits 295M
October 23, 2019  |  Earnings

PayPal reported third-quarter results Wednesday that showed continued growth in peer-to-peer (P2P) transactions and customer engagement — and the firm passed a monthly billion-transaction milestone....

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Metro Bank Chairman Leaves Board Amid Q3 Losses
Metro Bank Chairman Leaves Board Amid Q3 Losses
October 23, 2019  |  Earnings

Metro Bank Co-founder and Chairman Vernon Hill stepped down as chairman on Wednesday (Oct. 23) after the bank reported a net loss of £4.9 million...

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India’s Tech Startups Have A Banner $11.3B Fundraising Year
India’s Tech Startups Have A Banner $11.3B Fundraising Year
October 23, 2019  |  Investments

As a record amount of capital has entered the local ecosystem in a significant rebound since 2016’s darkened funding environment, Indian tech startups are having...

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SoftBank Rescues WeWork With $8B Capital Infusion
SoftBank Rescues WeWork With $8B Capital Infusion
October 23, 2019  |  Investments

With a new capital infusion, SoftBank Group is extending a lifeline of up to $8 billion into the office space and workspace solutions firm WeWork....

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Flight Attendants Charged With Money Laundering In Miami
Flight Attendants Charged With Money Laundering In Miami
October 23, 2019  |  Security & Fraud

Four flight attendants for American Airlines were arrested and charged with money laundering after police seized $22,671 between them at Miami International Airport on Monday...

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Walmart To Kick Off Early Holiday Deals This Friday
Walmart To Kick Off Early Holiday Deals This Friday
October 23, 2019  |  Walmart

Walmart is starting its holiday shopping season early, citing less shopping days between Thanksgiving and Christmas. Get the Full Story Complete the form to unlock...

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Snap Says It Is No Longer Subjected To DOJ Probe
Snap Says It Is No Longer Subjected To DOJ Probe
October 23, 2019  |  Regulation

Snap, the parent company of Snapchat, said the Department of Justice and the Securities and Exchange Commission are no longer investigating it.  Get the Full...

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Zuckerberg Tells Congress That Libra Fills A Global Payments Void
Zuckerberg Tells Congress That Libra Fills A Global Payments Void
October 23, 2019  |  Facebook

It may be a bit ironic that the halls of Congress are known, colloquially, as the Hill. It’s an upward climb, after all, for Facebook...

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Morgan Stanley Predicts Apple TV+ Will Boost Apple’s Services By 20 Pct
Morgan Stanley Predicts Apple TV+ Will Boost Apple’s Services By 20 Pct
October 23, 2019  |  Apple

Morgan Stanley analyst Katy Huberty has predicted that Apple TV+, the new streaming service from Apple, will be highly successful and help Apple’s services offerings...

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