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PayPal Launches Crypto Buying, Selling, and Holding for US Business Accounts Owing to User Demand
US-based merchants with PayPal business accounts can now buy, sell, and hold cryptocurrency directly through PayPal. This new service allows merchants to facilitate cross-chain crypto transfers and provides the option to withdraw their crypto assets.
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TN Government to Set Up Tamil Nadu AI Labs in Chennai; Partners With Google to Explore AI Initiatives
The Tamil Nadu government has signed an MoU with Google to explore potential AI opportunities in the state. The TN government will also establish a 'Tamil Nadu AI Labs' facility in Chennai. The government also signed agreements with firms like Nokia, PayPal, Infinix, and Applied Materials to set up facilities across the state.
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Nokia, PayPal Lead Tamil Nadu Investment Rush, MK Stalin Signs Deals In US
Several global tech giants, including Nokia, PayPal and Microchip, have announced plans to set up new facilities in Tamil Nadu, Chief Minister MK Stalin announced in a post on X.
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Layoffs in 2024: Google, Microsoft, UPS, More Fire Over 30K Employees in January; Coming Months Can Be Worse
Wipro became the latest to join the ongoing layoffs by tech companies after reports claimed the company would let go of 1,000 employees. It will join the ranks of Google, Microsoft, Amazon, UPS, PayPal, SAP, Twitch, Discord, Swiggy, Flipkart, and other organisations that have already reduced headcounts by hundreds. The total jobs lost in one month ...
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Payments Firm PayPal To Cut Around 2,500 Jobs: Report
Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, a letter from CEO Alex Chriss, seen by Reuters, showed on Tuesday.
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How Elon Musk, Richest Man In The World, Earned His First $1 Million
Mr Musk's ownership share in electric vehicle manufacturer Tesla and his holdings in SpaceX and the Boring Company are responsible for his startling increase in fortune.
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PayPal Moves Delhi High Court Against Order Holding It as ‘Payment System Operator’ Under Money Laundering Law
American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was a "payment system operator" under the Prevention of Money Laundering Act (PMLA) and has to thus comply with "reporting obligations" under it.
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PayPal USD Expected to Do Better Than Facebook's Libra in Stablecoin Market
PayPal's stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the US dollar, making it the second major global company to launch a stable...
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PayPal to Stop Sale of Cryptocurrencies in the UK Until 2024: Details
Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions.
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PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD
Over 30 pairs of scam tokens copying PayPal’s PYUSD stablecoin have been spotted by crypto analysts in the last few hours. Fake cryptocurrencies are most commonly used by scammers to perform rug pull and honeypot types of crypto scams, leaving investors and customers high and dry.
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PayPal Launches US Dollar Stablecoin for Financial Payments, Transfers
Payments giant PayPal said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. While stablecoins have been around for years now, they are yet to successfully make headway into the mainstream consumer payments ecosystem.
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Elon Musk's Twitter Begins Switch to X Branding With Site Logo, Profile Photo
Elon Musk and Twitter Chief Executive Officer Linda Yaccarino unveiled a logo for the social media platform on Monday that featured a white "X" on a black background as a replacement for the familiar blue bird symbol. "X is here! Let's do this," tweeted Yaccarino, who also posted a picture of the logo projected on the company's offices in San Franc...
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PayPal Discloses Nearly $1 Billion in Crypto Holdings Dominated by BTC, ETH: Details
PayPal currently holds $943 million (roughly Rs. 7,740 crore) in the form of its users’ crypto asset holdings. The company revealed this information in a filing with the US Securities and Exchange Commission (SEC). Founded in 1998, PayPal has been enabling customers to buy, sell, and hold cryptocurrency in October 2020.
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EU Regulators Seek More Information on Apple Pay to Boost Case Against iPhone Maker
EU antitrust regulators are seeking more information on Apple's mobile payment system, the European Commission said on Wednesday, a sign that the enforcer is looking to close any loopholes and boost its case against the iPhone maker.
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Billionaire Peter Thiel Reveals He Has Signed Up To Be Cryogenically Preserved When He Dies
Apart from co-founding PayPal, Peter Thiel was the first outside investor in Facebook and an original partner in the venture capital firm Founders Fund.
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PayPal Launches Crypto Buying, Selling, and Holding for US Business Accounts Owing to User Demand
US-based merchants with PayPal business accounts can now buy, sell, and hold cryptocurrency directly through PayPal. This new service allows merchants to facilitate cross-chain crypto transfers and provides the option to withdraw their crypto assets.
-
TN Government to Set Up Tamil Nadu AI Labs in Chennai; Partners With Google to Explore AI Initiatives
The Tamil Nadu government has signed an MoU with Google to explore potential AI opportunities in the state. The TN government will also establish a 'Tamil Nadu AI Labs' facility in Chennai. The government also signed agreements with firms like Nokia, PayPal, Infinix, and Applied Materials to set up facilities across the state.
-
Nokia, PayPal Lead Tamil Nadu Investment Rush, MK Stalin Signs Deals In US
Several global tech giants, including Nokia, PayPal and Microchip, have announced plans to set up new facilities in Tamil Nadu, Chief Minister MK Stalin announced in a post on X.
-
Layoffs in 2024: Google, Microsoft, UPS, More Fire Over 30K Employees in January; Coming Months Can Be Worse
Wipro became the latest to join the ongoing layoffs by tech companies after reports claimed the company would let go of 1,000 employees. It will join the ranks of Google, Microsoft, Amazon, UPS, PayPal, SAP, Twitch, Discord, Swiggy, Flipkart, and other organisations that have already reduced headcounts by hundreds. The total jobs lost in one month ...
-
Payments Firm PayPal To Cut Around 2,500 Jobs: Report
Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, a letter from CEO Alex Chriss, seen by Reuters, showed on Tuesday.
-
How Elon Musk, Richest Man In The World, Earned His First $1 Million
Mr Musk's ownership share in electric vehicle manufacturer Tesla and his holdings in SpaceX and the Boring Company are responsible for his startling increase in fortune.
-
PayPal Moves Delhi High Court Against Order Holding It as ‘Payment System Operator’ Under Money Laundering Law
American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was a "payment system operator" under the Prevention of Money Laundering Act (PMLA) and has to thus comply with "reporting obligations" under it.
-
PayPal USD Expected to Do Better Than Facebook's Libra in Stablecoin Market
PayPal's stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the US dollar, making it the second major global company to launch a stable...
-
PayPal to Stop Sale of Cryptocurrencies in the UK Until 2024: Details
Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions.
-
PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD
Over 30 pairs of scam tokens copying PayPal’s PYUSD stablecoin have been spotted by crypto analysts in the last few hours. Fake cryptocurrencies are most commonly used by scammers to perform rug pull and honeypot types of crypto scams, leaving investors and customers high and dry.
-
PayPal Launches US Dollar Stablecoin for Financial Payments, Transfers
Payments giant PayPal said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. While stablecoins have been around for years now, they are yet to successfully make headway into the mainstream consumer payments ecosystem.
-
Elon Musk's Twitter Begins Switch to X Branding With Site Logo, Profile Photo
Elon Musk and Twitter Chief Executive Officer Linda Yaccarino unveiled a logo for the social media platform on Monday that featured a white "X" on a black background as a replacement for the familiar blue bird symbol. "X is here! Let's do this," tweeted Yaccarino, who also posted a picture of the logo projected on the company's offices in San Franc...
-
PayPal Discloses Nearly $1 Billion in Crypto Holdings Dominated by BTC, ETH: Details
PayPal currently holds $943 million (roughly Rs. 7,740 crore) in the form of its users’ crypto asset holdings. The company revealed this information in a filing with the US Securities and Exchange Commission (SEC). Founded in 1998, PayPal has been enabling customers to buy, sell, and hold cryptocurrency in October 2020.
-
EU Regulators Seek More Information on Apple Pay to Boost Case Against iPhone Maker
EU antitrust regulators are seeking more information on Apple's mobile payment system, the European Commission said on Wednesday, a sign that the enforcer is looking to close any loopholes and boost its case against the iPhone maker.
-
Billionaire Peter Thiel Reveals He Has Signed Up To Be Cryogenically Preserved When He Dies
Apart from co-founding PayPal, Peter Thiel was the first outside investor in Facebook and an original partner in the venture capital firm Founders Fund.
