PayPal to cut 9% of its workforce in latest round of tech layoffs
PayPal announced it would be cutting about 9% of its workforce, which will affect hundreds of workers in San Jose.
PayPal announced it would be cutting about 9% of its workforce, which will affect hundreds of workers in San Jose.
Online payments giant PayPal said Tuesday that it plans to cut 7% of its total workforce, joining other major Silicon Valley companies in announcing layoffs.
PayPal users will now be able to send money to Ukrainians, both in the war-ravaged country as well as those now refugees across Europe, the San Jose-based company announced Thursday.
PayPal suspended a Ku Klux Klan fundraising account last week after it was criticized for allowing the white supremacist and antisemitic group to accept donations through its service, according to BBC News.
Several big name tech companies in Silicon Valley, including Paypal and Oracle, are shedding more than a thousand employees in the next several weeks.
PayPal said Friday that it cut ties with Infowars after a review found instances of it promoting "hate and discriminatory intolerance against certain communities and religions."
PayPal apparently doesn't believe that death is a good enough reason for their customers to not pay their bills.
San Francisco entrepreneur and PayPal co-founder Max Levchin discussed the state of digital payments, computer security and bitcoin with the Associated Press in a Q&A Sunday.
Bay Area companies do a lot of business in the West Bank and East Jerusalem and could face significant backlash for doing so.
Montana invited San Jose-based PayPal to consider bringing its operations center along with 400 jobs to Montana.
PayPal says it's canceling plans to bring 400 jobs to North Carolina after lawmakers passed a law that restricts protections for lesbian, gay, bisexual and transgender people.
E-commerce company eBay has sold its 28.4 percent stake in Craigslist back to the online classified advertising site, ending years of legal wrangling between the two companies.
Elon Musk shot down claims from a new book that he criticized an employee for missing work to attend the birth of his child.
The Office of Foreign Assets Control said PayPal didn't adequately screen transactions so it could detect those by people or entities subject to sanctions against Iran, Cuba and Sudan.
Facebook is taking a seat at the wireless payment table by now allowing users to send money to one another with its Messenger app.
EBay plans to cut 2,400 jobs, or 7 percent of its staff, in the first quarter to simplify its structure and boost profit ahead of a planned separation of its business.
Founders Fund, the $2 billion San Francisco venture capital firm run by Silicon Valley stars including Peter Thiel, co-founder and former CEO of Paypal, is investing in Privateer Holdings, a marijuana company that owns several pot-related brands.
Alibaba's stock is surging as the Chinese e-commerce powerhouse's begins its first day trading as a public company.
NASA is a giant step closer to launching Americans again from U.S. soil, and one of the likely contenders is SpaceX, the private rocket company formed by PayPal and Tesla co-founder Elon Musk.
Restaurant diners in the Bay Area may soon be able to skip out without waiting for the check with the expansion of an app that allows customers to dine and dash while paying the bill on their smartphone.
Christina Smedley, vIce president of Global Brand and Communications at San Jose-based PayPal, shares expert advice for business management careers in the Silicon Valley.
The e-commerce company has been fighting a push from the activist investor to spin off PayPal, eBay's mobile payment business that is growing revenue faster than the rest of the company. Icahn launched his campaign against the company in January.
EBay is reporting higher earnings and revenue for the last three months of 2013, driven by a strong holiday season for its e-commerce site and PayPal.
Facebook plans to test a mobile payments service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.
Recently kicking off in London borough Richmond upon Thames, the test includes 12 different merchants set up to accept PayPal payments, according to the company.
When 33-year-old Cole Skinner said he would be dropping by his workplace, he meant it literally.
Berkeley police arrested three men — one who allegedly held a gun to the head of a 2-year-old — on May 1 for allegedly robbing a person.
Michael Conforto homered and singled in a six-run second inning that sent the San Francisco Giants past the struggling Colorado Rockies 8-6.
A San Francisco man said he's being stalked and is the target of extremely hateful racist attacks — A doll with a noose was even delivered to his front door.
The story of a Bay Area Chinese-American girl who took the San Francisco school board to the Supreme Court in 1885 was recently published thanks to a retired attorney.
When 33-year-old Cole Skinner said he would be dropping by his workplace, he meant it literally.
Berkeley police arrested three men — one who allegedly held a gun to the head of a 2-year-old — on May 1 for allegedly robbing a person.
Michael Conforto homered and singled in a six-run second inning that sent the San Francisco Giants past the struggling Colorado Rockies 8-6.
A San Francisco man said he's being stalked and is the target of extremely hateful racist attacks — A doll with a noose was even delivered to his front door.
The story of a Bay Area Chinese-American girl who took the San Francisco school board to the Supreme Court in 1885 was recently published thanks to a retired attorney.
Michael Conforto homered and singled in a six-run second inning that sent the San Francisco Giants past the struggling Colorado Rockies 8-6.
A San Francisco man said he's being stalked and is the target of extremely hateful racist attacks — A doll with a noose was even delivered to his front door.
The story of a Bay Area Chinese-American girl who took the San Francisco school board to the Supreme Court in 1885 was recently published thanks to a retired attorney.
A Pacifica woman is being recognized for leading an annual ocean education program at a coastal school for over 30 years.
The San Mateo County Sheriff's Office is seeking the public's help in finding a bicyclist who knocked over and then robbed a pedestrian in North Fair Oaks.
Berkeley police arrested three men — one who allegedly held a gun to the head of a 2-year-old — on May 1 for allegedly robbing a person.
It was a day years in the making for Lighthouse Community Charter School seniors.
Shea Langeliers hit a two-run homer on his way to a career-high five RBIs in the first game of a doubleheader and drove in another three runs in Game 2 as the Oakland Athletics split the two games with the Rangers.
The Berkeley Unified School District came under the microscope on Wednesday, as its superintendent was questioned by a Congressional committee.
Police in Oakland have made an arrest in a shooting death over the weekend, the department said Wednesday.
Former Bay Area Congressman Paul "Pete" McCloskey died Wednesday of congestive heart failure at his home in Winters, California.
A San Jose Fire Department hazardous materials team responded to a San Jose middle school classroom after students reported being overcome by an unknown substance.
Three men from the East Bay have been arrested on suspicion of homicide in connection with a deadly shooting in East San Jose late last year, police announced Wednesday.
Sunnyvale officers made an arrest in the death of a man who was found shot inside his vehicle.
The San Jose Sharks are slated to pick first in the upcoming NHL Draft, following a lottery held by league officials Tuesday night.
The Napa Valley wine industry produced nearly $1 billion worth of wine grapes in 2023, but the industry is changing and demand may be plateauing.
Santa Rosa police released a photo of a vehicle wanted in connection to a hit-and-run that severely injured a motorcyclist.
Authorities on Tuesday said the shooting suspect who led police and CHP on a chase across the Bay Area, followed by an hours-long standoff on Interstate Highway 80 in Fairfield that ended with the man shooting himself, remains in critical condition.
A former guard at California State Prison, Solano has been indicted on multiple felony counts after he allegedly smuggled items into the facility, including weapons, phones and drugs, authorities said.
The second annual Mill Valley Music Festival brings an eclectic array of talent to Marin County with performances by alt-folk band Fleet Foxes, modern roots-music masters Greensky Bluegrass, SoCal R&B band Thee Sacred Souls and more.
Michael Conforto homered and singled in a six-run second inning that sent the San Francisco Giants past the struggling Colorado Rockies 8-6.
Shea Langeliers hit a two-run homer on his way to a career-high five RBIs in the first game of a doubleheader and drove in another three runs in Game 2 as the Oakland Athletics split the two games with the Rangers.
Ippei Mizuhara, 39, of Newport Beach, has agreed to plead guilty to one count of bank fraud, which carries a maximum sentence of 30 years in federal prison, and one count of subscribing to a false tax return, which carries a sentence of up to three years in federal prison.
The Oakland Ballers have put in a lot of work to make their home field at Raimondi Park suitable for professional baseball when the first game is played there in just under a month.
The San Jose Sharks are slated to pick first in the upcoming NHL Draft, following a lottery held by league officials Tuesday night.
Berkeley police arrested three men — one who allegedly held a gun to the head of a 2-year-old — on May 1 for allegedly robbing a person.
A San Francisco man said he's being stalked and is the target of extremely hateful racist attacks — A doll with a noose was even delivered to his front door.
Police in Oakland have made an arrest in a shooting death over the weekend, the department said Wednesday.
Police in Fremont announced one suspect was arrested and another one remains at large following the thefts of two high-end Porsche sports cars from a dealership last month.
Santa Rosa police released a photo of a vehicle wanted in connection to a hit-and-run that severely injured a motorcyclist.
The annual RSA Conference, attended by cybersecurity experts and entrepreneurs, once again saw over 40,000 people from 130 countries gather at the Moscone Center.
The judge in Elon Musk's lawsuit against the co-founders of ChatGPT parent OpenAI on Monday entered a two-paragraph order disqualifying himself from continuing to preside.
Apple on Tuesday unveiled its next generation of iPad Pros and Airs — lineups that will boast faster processors, new sizes and a new display system.
The lawsuit claims that the measure, signed into law by President Biden, is unconstitutional.
The government and Google are making their closing arguments in a high-stakes antitrust trial to a federal judge in Washington who must now decide whether the tech giant's search engine constitutes an illegal monopoly.
Officials with the California Department of Public Health issued a warning Wednesday to consumers seeking Botox injections and to healthcare providers, saying counterfeit Botox has been found in multiple states.
Panera is phasing out a highly caffeinated selection of lemonade beverages that's at the center of several lawsuits.
Across the Bay Area, communities are looking for ways to deal with mental health crises without involving police. Antioch created it's own private crisis response team, and after 12 months the city's mayor says results have been positive.
Recall includes yogurt pretzels and other confections sold by retailers such as Dollar General, HyVee, Target and Walmart.
Steward Health Care, the struggling hospital group that owns hospitals in Massachusetts, Texas, Florida and other states, announced Monday that it is filing for bankruptcy.
The story of a Bay Area Chinese-American girl who took the San Francisco school board to the Supreme Court in 1885 was recently published thanks to a retired attorney.
The Berkeley Unified School District came under the microscope on Wednesday, as its superintendent was questioned by a Congressional committee.
Former Bay Area Congressman Paul "Pete" McCloskey died Wednesday of congestive heart failure at his home in Winters, California.
The city of Oakland is facing a $2.6 million payout after a jury found that city officials failed to protect an employee from years of sexual harassment.
The cost to buy a home is historically high, but Congress and the administration can do much more, experts say.
A Northern California school district is being sued by the state over allegations the district failed to carry out corrective actions in a controversial gender notification policy adopted last summer.
More than a third of LGBTQ young people seriously considered suicide in the past year, the survey found.
One of San Francisco's oldest LGBTQ bars, on Saturday the Stud re-opened it's doors for the first time in four years at a new location.
A California judge has tentatively sided with state Attorney General Rob Bonta in a dispute over the title of a proposed ballot measure that would require school staff to notify parents if their child asks to change gender identification at schools.
On Friday morning, a special ceremony held on board the USNS Harvey Milk paid homage to the San Francisco gay rights icon who is its namesake.
Brian Fox, a fellow producer and engineer at Albini's Electrical Audio studio in Chicago, confirmed Albini passed away Tuesday night from a heart attack.
The second annual Mill Valley Music Festival brings an eclectic array of talent to Marin County with performances by alt-folk band Fleet Foxes, modern roots-music masters Greensky Bluegrass, SoCal R&B band Thee Sacred Souls and more.
The 2024 Met Gala saw hundreds of celebrities looking their best on fashion's biggest night.
The stars came out for the the 2024 Met Gala in New York City. See some of the most eye-catching outfits of the night.
Kendrick Lamar and Drake have each released several ruthless diss tracks against each other, with Kendrick alleging Drake has a secret daughter and making other disturbing accusations.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Itay Hod reports on smokejumpers: an elite group of firefighters who parachute into wildfires. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Andrea Nakano reports on a San Francisco man who says he has been the target of racist threats. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Juliette Goodrich reports on the death of former Bay Area Congressman "Pete" McCloskey. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
CBS News Bay Area evening headlines for Wednesday, May 8, 2024. Watch full newscasts streamed at the CBS SF website or on the app. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Wilson Walker reports on the California wine industry. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
A Pacifica woman is being recognized for leading an annual ocean education program at a coastal school for over 30 years.
A San Francisco native is helping keep alive the city's historic Japantown, one of only three left in the U.S.
A Redwood City man changed his career path - from running Stanford's Digital Language Lab to going to beauty school - so he could serve his community in a way that's more meaningful to him.
A San Francisco-based nonprofit created by this week's Jefferson Award winner helps low income and unsheltered people stay healthy and feel good about themselves.
A trio who's led the way in keeping San Mateo County beaches clean is launching a whale of an idea for Earth Day.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.
A onetime pupil has now become a student advisor, giving back after years of mentorship led him to success.
Police departments all over the country are having a hard time finding new officers, but one Bay Area student is criss-crossing the world while preparing for a career in law enforcement here at home.
When most people graduate from college, they tend to focus on one job. But this month's Students Rising Above scholar is currently juggling multiple workplace assignments.