PayPal Expands PYUSD Stablecoin From Ethereum to Solana – Decrypt

PayPal announced today that its PayPal USD (PYUSD) stablecoin is now live on Solana. In an announcement on Wednesday, the payments platform Said He said the move would “significantly benefit commerce use cases.” Solana is the blockchain network that powers SOL, the fifth-largest cryptocurrency by market cap. It aims to rival Ethereum by providing a […]
Sam Altman's Worldcoin eyeing partnerships with PayPal and OpenAI – Fortune

Tools for Humanity, the company behind Sam Altman’s iris-scanning project WorldCoin, has hinted that it may soon partner with major technology and financial companies. bloomberg. Alex Blania, CEO of Tools for Humanity, said of the potential partnership with OpenAI, “It’s a natural fit for how we work together and how we will work together in […]
Do I have to pay taxes on my Venmo, Cash App or PayPal transactions?

(NEXSTAR) – How the IRS treats payment apps like Venmo and Cash App has been anything but straightforward in recent years, leaving some taxpayers wondering what they will need to report in 2024. You may be thinking. For most people, how they use the app is the deciding factor. “The bottom line is that if […]
Stocks making the biggest moves after hours: Disney, PayPal, Arm Holdings, Wynn Resorts and more – CNBC

Let’s check out the companies that are becoming a hot topic for after-hours trading. Disney — Shares rose about 6% in after-hours trading, buoyed by better-than-expected fiscal first-quarter profits. Disney said it expects adjusted earnings to increase 20% to $4.60 per share in 2024 and announced a new stock buyback program and reinstated dividend. The […]
PayPal launching AI-powered products | The Hill

PayPal announced Thursday that it is launching products that leverage artificial intelligence (AI) to streamline and speed up transactions for customers. in Thursday's announcementPayPal has announced that it plans to release six additional features on its platform that use AI to help merchants increase sales, streamline the checkout process, and provide personalized offers to each […]
Stocks making the biggest moves premarket: Netflix, CrowdStrike, PayPal, Juniper Networks and more – CNBC

Check out the companies that are trending in pre-market trading. Unity Software — Shares rose nearly 3% on news that the company will cut its workforce by 25%, or about 1,800 people. Hewlett Packard Enterprise, Juniper Networks — Juniper Networks stock soared more than 23% following a Wall Street Journal report that the company was […]