PayPal reported third-quarter results today that were slightly ahead of analysts’ expectations, driven by an increase in total payment volume. The company’s quarterly revenue grew 19% year-over-year to $4.38 billion. Its GAAP net income was 39 cents per share, or $462 million, a 7% year-over-year increase. On a non-GAAP basis, net income was 61 cents…
The walls are all but crumbling down around Facebook’s embryonic ‘cryptocurrency’ venture, as PayPal allegedly considers calling quits on Libra….
The walls are all but crumbling down around Facebook’s embryonic ‘cryptocurrency’ venture, as PayPal allegedly considers calling quits on Libra. Libra Back(er)s Against the Wall First Visa, and MasterCard, and now PayPal. Things aren’t looking too rosy for Libra, as regulatory watchdogs continue to hound the project. Today, a fresh batch of conjecture is boiling…
PayPal’s days of high-commission and conversion fees won’t go on for long. | Source: BigTunaOnline/Shutterstock Facebook set the cat among…
