Tag: PayPal

Microsoft, eBay, PayPal among tech giants 34,000 job cuts due to AI

Tech giants like Microsoft, eBay, and PayPal are swinging the axe as they pivot towards artificial intelligence, shedding thousands of jobs. The Financial Times reports a staggering 34,000 job cuts in recent weeks.   Snapchat joined 138 other firms in a synchronized employment exodus. While this year’s headcount hemorrhage is nothing to sneeze at, it […]

PayPal to pilot new AI-powered updates, including a cash-back feature and ‘Smart Receipts’

PayPal is piloting new updates to its service, including a personalized cash-back offering called “CashPass,” an AI-powered “Smart Receipts” feature, enhanced checkout experiences, and Venmo enhancements for small businesses.   The CashPass feature will offer personalized cash-back offers from partners such as Best Buy, eBay, Priceline, Ticketmaster, Uber, Walmart, and McDonald’s, with the ability to […]

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