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#enriquelores — Public Fediverse posts

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  1. PayPal stock jumps after reports Stripe, Advent are weighing $53 billion takeover

    Samuel Boivin | Nurphoto | Getty Images PayPal jumped in premarket trading Wednesday after Stripe and Advent International…
    #NewsBeep #News #Topstories #BreakingNews:Markets #businessnews #Economy #EnriqueLores #Headlines #HelmerichandPayneInc #HewlettPackardEnterpriseCo #Markets #PayPalHoldingsInc #Technology #TopStories #worldeconomy
    newsbeep.com/644112/

  2. Stripe, Advent offer to buy PayPal for more than $53 billion: Reuters

    Samuel Boivin | Nurphoto | Getty Images Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings …
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Business #BreakingNews:Economy #BreakingNews:Markets #BreakingNews:Technology #businessnews #Economy #EnriqueLores #Markets #PayPalHoldingsInc #Technology #Worldeconomy
    newsbeep.com/us/763927/

  3. #PayPal is winding down its venture arm, #PayPalVentures, as part of a broader corporate #restructuring under new CEO #EnriqueLores. The venture team, established in 2016, has seen its headcount shrink significantly and is exploring potential #sales of its positions. This move comes after the previous CEO’s departure and amid efforts to refocus the company on its core business and achieve significant cost savings. fortune.com/2026/06/16/paypal- #Pirates #Tech #Startup #News

  4. #PayPal CEO #EnriqueLores is #reorganising the company into three segments: a standalone #Venmo, a #PayPal branded business, and a #paymentservices unit. This move, which includes recruiting a digital banking executive to lead Venmo, aims to reignite growth and potentially facilitate a sale of the popular mobile payments app. cnbc.com/2026/04/29/paypal-res #tech #media #news

  5. US Top News and Analysis | PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

    AI generated summary, Read the full article for complete information.

    PayPal is reorganizing its business by spinning off Venmo into a separate, standalone unit—a move aimed at clarifying the app’s performance and making it easier to sell, as the company faces takeover interest, notably from Stripe. The restructuring will also establish two other segments: a PayPal‑branded service for merchants and consumers, and a payment‑services division that includes Braintree and crypto operations. To lead the new Venmo segment, PayPal plans to hire a digital‑banking executive, while two senior leaders overseeing the consumer and small‑business groups are departing. The changes come amid a stalled layoff plan and a broader effort by CEO Enrique Lores, former HP chief, to sharpen the firm’s structure and revive growth after its stock fell sharply from pandemic highs.

    Read more: cnbc.com/2026/04/29/paypal-res

    #PayPal #Venmo #Stripe #Apple #EnriqueLores #DiegoScotti #MichelleGill #AlexChriss #AnshuBhardwaj #ScottYoung

  6. #HP #CEO #EnriqueLores has spun a pretty fantastic tale about #viruses embedded in the chips in your #inkjet cartridge. Be scared, Buy HP! Following up on his earlier idea that price-sensitive customers are "a bad investment"

    HP CEO Makes Up A Whole Lot Of Bullshit To Defend Crippling #Printers That Use Cheaper Ink techdirt.com/2024/01/29/hp-ceo

  7. #HP #CEO evokes James Bond-style hack via #inkjet cartridges
    "Our long-term objective is to make printing a subscription."
    The CEO #EnriqueLores responded to dictated consumer complaints by highlighting HP's own needs: "It's important to protect our IP. There is a lot of IP that we build in the inks of the printers, in the printers themselves ... And what we’re doing is, when we identify cartridges that are violating our IP, we stop the printer from work[ing]."
    arstechnica.com/gadgets/2024/0

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