President-elect Trump named former PayPal Chief Operating Officer David Sacks to be his White House artificial intelligence (AI) and cryptocurrency czar. “In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,” Trump said in his announcement Thursday evening. “David will … Read more
As PayPal expands in China, the American digital payments platform expects local merchants selling abroad to see cross-border e-commerce continue to grow despite mounting geopolitical and regulatory challenges. “We are seeing meaningful interest from [Chinese] merchants as they are seeking to expand to go both to Europe as well as the US, and we feel … Read more
US digital payments platform PayPal is stepping up efforts to support Chinese cross-border merchants with the launch of new services in Shenzhen, tapping into booming exports from the country despite economic headwinds. PayPal’s China business recorded double-digit growth in the past year, Hannah Qiu, senior vice-president and China CEO of PayPal, said at a company … Read more
Payments titan PayPal announced Wednesday it is enabling millions of merchants in the United States to buy, hold, and sell cryptocurrencies directly from their business accounts, helping drive broader adoption among merchants using the payments platform. PayPal’s senior vice president for Blockchain, Cryptocurrency, and Digital Currencies Jose Fernandez da Ponte said since launching the ability … Read more
Investors are increasingly tracking congressional trades as popular Congress members continue to retain high stock market returns amid prolonged economic volatility. California representative and former House Speaker Nancy Pelosi is also known for making highly profitable trades that helped her stock portfolio return over 700% since 2014. While Nancy Pelosi’s husband, Paul, carries out the … Read more
Google If you have an Android phone or tablet or a Wear OS watch, you should sit up and pay attention. Google has just announced a bundle of new features it’s rolling out soon, and from Google Messages updates to a better hotspot experience, there’s a lot to dig into. Earlier this year, Google was … Read more
New Delhi: Leading online payment solutions provider PayU on Tuesday announced its partnership with the US-based fintech company PayPal to enhance the cross-border payment experience for Indian merchants. Through this partnership, the company will leverage the PayPal ISU 2.0 Checkout to offer customers a more personalised and inclusive payment experience. “Integrating PayPal’s ISU 2.0 API … Read more
“The dream is they’d all be unicorns,” Chen added, using an industry term for an unlisted start-up valued at more than US$1 billion. Taiwan has enough talent to form several big tech firms, Chen said, despite a rising number of job vacancies on the island that has spun out bleeding-edge computer, phone, and server hardware … Read more
PayPal (NASDAQ: PYPL), the online payment processor, has found itself in a curious position lately. While peers in the tech sector soared like skyrockets on the wings of e-commerce growth, PayPal remained grounded, trailing the pack by a significant margin. Yet, whispers of a potential breakout are starting to circulate, fueled by a recent change … Read more
