PAYPAL CEO

The company's shares climbed nearly 7% to $55.12 on Thursday as a strong full-year profit forecast also calmed market jitters about a spending slowdown.

The company's shares climbed nearly 7% to $55.12 on Thursday as a strong full-year profit forecast also calmed market jitters about a spending slowdown.

Elon Musk has told employees they will not need a bank account in about one year's time as X will become the centre of people's financial lives, handling anything that deals with money.

The move, which comes as PayPal transitions to a new CEO announced last week, seems risky after Facebook's stablecoin was crushed by political opposition, and as regulators home in on the crypto sector following several meltdowns.

PayPal this month said it was launching PayPal USD, a crypto token pegged to the U.S. dollar, making it the second major global company to launch a stablecoin after Facebook, now Meta Platforms, unveiled Libra in June 2019.

The change of guard marks a watershed moment for digital payments giant PayPal, which has been looking to push deeper into the cryptocurrency payments space with the launch of a US dollar stablecoin last week.

Pickleball, a combination of tennis, ping-pong, and badminton, is gaining popularity among CEOs and their families in India, with clubs such as Bay Club at Jio World in Mumbai and Vasant Vihar Club in Delhi now having dedicated pickleball courts. The sport has also gained the endorsement of India's sports minister, Anurag Thakur, who pledged to promote it. Easy to learn and less ground to cover, pickleball is gender- and neutral, according to Srikanth Subramanian, CEO of Kotak Cherry.

With a simple name change, Elon Musk has created confusion in social media.

Underwhelming margins at PayPal have been worrying analysts in recent quarters. The company's low-margin business products have grown strongly, while growth in its branded products has slowed due to increased pressure from competitors like Apple .

Cryptocurrencies are believed to provide a solution to the limitations of traditional financial systems in our increasingly borderless world. Digital currencies have shattered convention, leaving an indelible mark on the financial markets, worldwide

Musk's rebranding of Twitter to its product name, "X", may have caused the company to lose anywhere between $4 billion and $20 billion in value, according to brand experts and analysts. Musk's ambitious goal to turn Twitter into an "everything app" or super app has caused concern due to the firm's history of controversies and poor record of data privacy.

Elon Musk, CEO of Tesla, has long been fascinated with the letter. The billionaire is also CEO of rocket company Space Exploration Technologies Corp., commonly known as SpaceX. In 1999, he founded a startup called X.com, an online financial services company. Twitter changes its bird logo to 'X' officially

The 52-year-old Tesla founder has previously said that his rocky takeover of Twitter last year was "an accelerant to creating X, the everything app," a reference to the X.com company he founded in 1999, a later version of which went on to become PayPal, a payments giant.

In recent months, Hoffman has engaged in an aggressive thought-leadership regimen to extol the virtues of AI. He has done so in blog posts, television interviews, fireside chats, and has spoken to government officials around the world

PayPal expects adjusted operating margin expansion of 100 basis points this year, compared with its earlier forecast of a 125-basis-point growth.

Temu topped US app download rankings in early April, a spot it held since January, but its rapid rise comes as platforms with links to China face growing scrutiny and when a ban on youth favorite TikTok appears increasingly inevitable.

Twitter CEO Elon Musk regularly shares adorable pictures of his son. The billionaire recently posted a collage of photos featuring his kid X A-Xii, Xavier.

The trial, centered on a pair of tweets announcing Musk had obtained the money to take Tesla private in 2018, reeled the 51-year-old billionaire into a federal courtroom in San Francisco for three days of testimony that opened a peephole into his often inscrutable mind.

Omar Ishrak had stepped down and the chipmaker appointed board director Frank Yeary as his replacement.

Elon Musk has finally hugged his superfan, YouTuber Fidias or Fifi Panayiotou, after a lengthy effort from the latter. Fidias had been camping outside Twitter headquarters for months, on a mission to hug the billionaire

The global institution that makes strategic investments and advisory interventions across India has leased the front-office space from an entity owned by the Brookfield Asset Management in the commercial tower Godrej BKC.

All other top crypto tokens were trading higher. Ethereum rose 4% while Polygon jumped 3%. Bitcoim, Polkadot, Litecoin and Tron added 2% each.

After a downside correction, the price of Bitcoin settled above $20,000 level again. However, BTC is still facing several obstacles on the upside, starting with $20,500. The first significant resistance is near $21,000.On the downside, initial support is near the $20,000 level. The next major support is towards the $19,500 zone, below which the price could gain bearish momentum.