Tag Archives: PayPal

Robinhood shares tumble after PayPal news, SEC scrutiny of key revenue stream

By Herbert Lash NEW YORK (Reuters) -Shares of Robinhood Markets Inc, a popular gateway for trading meme stocks, tumbled nearly 7% on Monday on news that PayPal Holdings Inc may start an online brokerage and a report saying regulators were looking at a possible ban on a practice that accounts for the bulk of the company’s revenue. Shares of Robinhood extended an early decline after CNBC reported that PayPal was exploring ways to let U.S. customers trade individual stocks on its… Source link

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How Google Cloud and SAP HANA Are Helping Paypal Accelerate Their Digital Transformation Efforts

Google Cloud and PayPal have announced they are expanding their relationship to further accelerate PayPal’s digital transformation and evolving customer needs. Under this partnership, Google Cloud will provide both infrastructure and analytics capabilities to support PayPal’s growth, in an effort to help the company process transactional data on a massive scale. PayPal has seen big growth since it became an independent company in 2015. Now it endeavors to scale its infrastructure globally,… Source link

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PayPal Accelerates Its Digital Transformation with Google Cloud to Support Customer Needs During Pandemic–and Beyond

SUNNYVALE, Calif. and SAN JOSE, Calif., May 13, 2021 /PRNewswire/ — Google Cloud and PayPal today announced they are deepening their relationship to further accelerate PayPal’s digital transformation and evolving customer needs. Under this expanded relationship, Google Cloud will provide both infrastructure and analytics capabilities to support PayPal’s growth, helping the company process transactional data at massive scale. Following exponential growth since it became an independent… Source link

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