PayPal

is expanding its buy now, pay later options with a longer-term payment plan. The company has enabled users to cover the cost of a purchase over a few interest-free payments and it also offers . Pay Monthly, which is issued by WebBank, is another option for folks in the US. It's valid for purchases between $199 and $10,000. The cost will be split across monthly payments of between six and 24 months. If you select the Pay Monthly option at checkout, you'll then need to complete an application. Should that be approved,…

Investors like the idea of buying now. It is paying later that has them stressed out.With consumer borrowing and spending on the rise in recent months, shares of several card network providers and credit-card lenders have outperformed financials overall so far this quarter. Newsletter Sign-up Heard…

Send and receive select cryptocurrencies using PayPal. Source: PayPalPayPal announced Tuesday that users can now transfer, send and receive Bitcoin, Ethereum, Bitcoin Cash, and Litecoin on its platform. Users can transfer their digital assets between PayPal users, external wallets, and exchanges.According to the press release, only select U.S. PayPal users can take advantage of the new feature for now, but the company said it will be available to everyone in the U.S. in the coming weeks. Additionally, users who…

PayPal has been granted a full BitLicense from the New York Department of Financial Services, the company announced in a press release. This makes PayPal the first company to trade in a conditional BitLicense for the real thing. New York introduced its BitLicense in 2015 as a way to regulate businesses that provide customers with the ability to buy and sell cryptocurrency in the state. However, some crypto advocates criticized the policy, stating it could potentially make it harder for businesses to get involved in…

Graphic: Karl GustafsonWhen you put a protective flea collar on your dog or cat, the last thing you expect is for that product to hurt your pet. Or kill them. Enter Seresto Flea and Tick Collars, which did just that. At least 2,340 pets are believed to have been killed by Seresto collars. Gizmodo has obtained complaints filed with the Federal Trade Commission that include horrific details of the animals’ suffering. We believe the complaints are an important piece in the Seresto story that has been missing until now:…

Elon Musk has revealed that he never wanted to become a CEO but he sees no other way to bring technology and design to fruition.After a Twitter user recalled Musk being replaced as CEO of X.com in 2000, he tweeted: "I never wanted to be CEO -- just wanted to work on product/technology. Bill Harris sounded like he would be a great CEO, given his Intuit experience, but he was not"."Running companies hurts my heart, but I don't see any other way to bring technology & design to fruition," Musk added.In 1999, Musk and…

San Francisco/New Delhi, More than 15,000 people working in the technology sector lost their job in the month of May globally, as global macro-economic factors hit companies, especially startups.According to layoff aggregator layoffs.fyi, more than 15,000 tech workers have lost their jobs this month, reports TechCrunch.Since March 2020 when the Covid-19 pandemic started, 1.25 lakh employees have been laid off by around 718 startups globally.Tech companies are facing multiple issues like rising inflation, recession fear,…

More than 15,000 people working in the technology sector lost their job in the month of May globally, as global macro-economic factors hit companies, especially startups.According to layoff aggregator layoffs.fyi, more than 15,000 tech workers have lost their jobs this month, reports TechCrunch.Since March 2020 when the Covid-19 pandemic started, 1.25 lakh employees have been laid off by around 718 startups globally.Tech companies are facing multiple issues like rising inflation, recession fear, Russia-Ukraine war.Meta…

PayPal has laid off workers in risk management and operations this week, according to Bloomberg. It's the latest in a series of layoffs within the company — and it also won't be the last. The publication says the payment processor also recently reduced its employee numbers in Chicago, Omaha, Nebraska and Chandler, Arizona. Further, it previously revealed that it was going to permanently lay off 80 people working in its headquarters in San Jose, California. While the company approved plans to strategically reduce its…