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The Wall Street Journal· 2026-05-12 14:29AI Processing
PayPal agrees to waive $30 million in fees to settle Justice Department probe into minority-business funding program https://t.co/mqXdYM8cDu ...
X @BSCN
BSCN· 2026-05-11 08:32
GOOGLE AND PAYPAL SAY AI COMMERCE WILL RUN ON CRYPTOExecutives from Google Cloud and PayPal say crypto rails are becoming essential for AI driven commerce.Google said autonomous agents cannot access traditional bank accounts. The company launched the Agentic Payments Protocol with over 120 partners including PayPal.PayPal also positioned PYUSD as a programmable payments layer for AI commerce.Source: CoinDesk Consensus Miami ...
X @CoinDesk
CoinDesk· 2026-05-09 20:28
"Get to yes as much as possible with our innovation, and if we can't, we can all defend the no."@PayPal's Larry Wade talks PYUSD's compliance-first mandate, on CoinDesk Live at @consensus2026, presented by @moonpay. https://t.co/myMJONAbZl ...
PayPal Plans to Cut 20% of Workforce as CEO Seeks to Revamp
Bloomberg Television· 2026-05-05 16:51
Revenue was up about 7%. It was a decent beat, about 6%. EPS beat adjusted EPS was ahead of consensus.Volume was up 11%. Venmo volume accelerated to 14th. Operationally, it wasn't really a bad quarter, but the stocks are still down.So how I'd frame it is that this is a decent chemi result. But the bigger issue here is around credibility. And I think the market basically wants to see can new leadership really demonstrate some stabilization and execution.So not a blowout quarter, especially given the tough en ...