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PayPal to Cut 2,500 Jobs or 9% of Global Workforce in Another Massive Layoff Round

PayPal Launching New Advertising Platform That Analyzes Users’ Shopping Habits

PayPal is launching an advertising platform that analyzes client spending using transaction data. PayPal has announced its plan to cut its global workforce by 9% or about 2,500 jobs this year.


Elon Musk’s Neuralink Reportedly Plans to Recruit 3 Participants for Long-Term Study

Elon Musk's brain-chip company Neuralink aims to test the implant on three people over several years.

News Corp Australia Begins Restructuring After Signing Deal with OpenAI

News Corporation’s Australian division began purging its middle management staff as a result of the deal it struck with OpenAI.

Brand-New F-35 Crashes into New Mexico Hillside, Pilot Injured After Ejecting

A brand-new Lockheed Martin F-35B crashed into a hillside near the Albuquerque International Sunport, while the pilot was conscious after ejecting but sustained serious injuries when located by emergency crews.


Latest News

Gaza Humanitarian Pier Damaged by Rough Seas, Set for Repairs
The US-constructed temporary pier in Gaza, crucial for delivering humanitarian aid to Palestinians, sustained damage from rough seas and weather, prompting its removal for repairs
OpenAI Under Fire for Threat to Claw Back Vested Equity From Former Employees
The Giving Pledge was signed by OpenAI CEO Sam Altman and his spouse, who have promised to give away most of their money.
Oregon Wineries Take Legal Action Against PacifiCorp Over 2020 Wildfires
Oregon wineries and vineyards are seeking over $100 million in damages from PacifiCorp in a lawsuit filed over the 2020 wildfires, alleging negligence for not shutting off power during the Labor Day windstorm.
Elon Musk Tries to Woo Tesla Shareholders With Factory Tours as He Seeks Support for His $56 Billion Pay Package
Elon Musk is offering Tesla shareholders a tour of the company's Texas factory next month as he seeks support for his $56 billion compensation package.
Nigerian Scammer Claims Responsibility for Bizarre Attempt to Auction Elvis' Graceland
A self-proclaimed scammer from Nigeria has asserted responsibility for a failed attempt to auction off Elvis' Graceland.
North Korea's Second Spy Satellite Launch Ends in Catastrophe: Mid-air Explosion Shatters Pyongyang's Ambitions
North Korea's attempt to launch a second spy satellite ended disastrously as it exploded mid-air, dealing a blow to Pyongyang's ambitions for satellite surveillance.
American Airlines
American Airlines cut its second-quarter revenue forecasts and announced chief commercial officer Vasu Raja's departure.
US Eases Some Financial Restrictions on Cuba to Boost Small Businesses on the Communist-Run Island
The US Treasury Department announced on Tuesday new regulations designed to support Cuba's growing private sector and enhance the country's access to US internet services.
Australia's Consumer Price Inflation Rate Rises to 3.6% YoY in April, Stats Report Reveals
After fuel, health, and holiday price rises, Australia's consumer price inflation rate reached 3.6% in April, a five-month high that might prompt the Reserve Bank of Australia to raise interest rates.
Virgin Galactic, AST SpaceMobile, Rocket Lab Stocks Skyrocket — Here's Why
The shares of Virgin Galactic, AST SpaceMobile, and Rocket Lab have skyrocketed after the Memorial Day long weekend.
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