Tag: PayPal bets

American company PayPal has introduced a new cryptocurrency stablecoin called PayPal USD.
Tech

PayPal bets on AI turnaround amid slumping shares, job cuts

In the face of falling share prices and anticipated job cuts, PayPal is charting a future-focused turnaround built on artificial intelligence. During the company’s first-quarter earnings call, CEO Enrique Lores struck a candid tone, telling investors that PayPal must “recommit to the fundamentals” — specifically, by “becoming a technology company again.” The message behind his […]