Customers of Venmo, PayPal and CashApp should not store their money with those apps for the long term because the funds might not be safe during a crisis, the Consumer Financial Protection Bureau warns.
Read More
Layoffs are accelerating in 2023, as the number of tech layoffs has surpassed in January half of the total layoffs tracked in all of 2022.
Read More
By Paul R. La Monica, CNN Business Omicron, inflation and a lack of government stimulus have some Venmo users nervous about spending money from their digital wallets. That’s bad news for Venmo owner PayPal — and a potential warning sign for consumer spending in general. PayPal executives warned during the company’s...
Read More
By Paul R. La Monica, CNN Business CHARLOTTE – Robinhood is still losing money. The platform reported a drop in the number of users in its most recent quarter. Is it time for the struggling online broker to consider a sale? Even though Robinhood’s stock has rebounded a bit...
Read More
PayPal is not looking to buy Pinterest, the digital payments company said Sunday, following reports that it was exploring yet another big-ticket acquisition.
Read More
Pinterest’s stock surged on Wednesday following a report that digital payments company PayPal is looking to potentially buy the bookmarking website.
Read More
PayPal is buying Japanese startup Paidy, marking the latest major tie-up in the fast-growing space of buy now, pay later companies. Here are the details.
Read More
LONDON, U.K — Last month, I set out to buy my father, an avid Before the Bell reader, a non-fungible token, or NFT. We’d spent lots of time discussing the various signs of market mania that had cropped up in the past year — including the rush into NFTs, the...
Read More
Chief executives and other high-ranking leaders from more than 100 companies including Target, Snapchat and Uber issued a public statement Friday opposing any measures that deny eligible voters the right to cast ballots.
Read More
