Skip to main content

PayPal reports Q1 total payment volume up 10% YoY to $354.5B, vs. $349.5B est., net revenue up 9% to $7.04B, and operating income up 41% to $1B; PYPL down 5%+ (Jennifer Surane/Bloomberg)

Jennifer Surane / Bloomberg: PayPal reports Q1 total payment volume up 10% YoY to $354.5B, vs. $349.5B est., net revenue up 9% to $7.04B, and operating income up 41% to $1B; PYPL down 5%+  —  PayPal Holdings Inc. shares slumped after the payments giant warned that its adjusted operating margin won't grow as quickly …
http://www.techmeme.com/230508/p16?utm_source=dlvr.it&utm_medium=blogger#a230508p16

Popular posts from this blog

Google opens its second hardware office in New Taipei City, as VP of Engineering Elmer Peng says "Taiwan is Google's largest hardware R&D hub outside of the US" (Nikkei Asia)

Nikkei Asia: Google opens its second hardware office in New Taipei City, as VP of Engineering Elmer Peng says “Taiwan is Google's largest hardware R&D hub outside of the US”  —  Search engine giant ‘serious’ about beefing up equipment and software ecosystem http://www.techmeme.com/240427/p1?utm_source=dlvr.it&utm_medium=blogger#a240427p1
Read more

Researchers: an ex-Florida deputy sheriff who received asylum in Russia has built a network of 160+ fake news sites with the help of ChatGPT and other AI tools (Steven Lee Myers/New York Times)

Steven Lee Myers / New York Times: Researchers: an ex-Florida deputy sheriff who received asylum in Russia has built a network of 160+ fake news sites with the help of ChatGPT and other AI tools  —  In 2016, Russia used an army of trolls to interfere in the U.S. presidential election.  This year, an American given asylum … http://www.techmeme.com/240529/p37?utm_source=dlvr.it&utm_medium=blogger#a240529p37
Read more

Profile of Vishal Garg, CEO of Better.com, who is fighting lawsuits that accuse him of fraud and misappropriation of funds at previous business ventures (Forbes)

Forbes: Profile of Vishal Garg, CEO of Better.com, who is fighting lawsuits that accuse him of fraud and misappropriation of funds at previous business ventures  —  The $4 billion fintech startup is hurtling towards an IPO.  But its volatile leader is fighting multiple lawsuits that could complicate his ambitions. https://bit.ly/395ykoI
Read more