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.
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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.
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
A 10-year-old girl from Antioch is being credited for thwarting an attempted carjacking of her mother's vehicle by fighting off a would-be thief on Wednesday, police said.
BART's San Leandro station was closed Friday afternoon because of police activity, the agency said.
San Francisco 49ers quarterback Brock Purdy will miss Sunday's game against the Green Bay Packers with a sore throwing shoulder.
Flash flood warnings were issued Friday afternoon for several Bay Area counties where instances of flooding deemed "life-threatening" were occurring.
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
A 10-year-old girl from Antioch is being credited for thwarting an attempted carjacking of her mother's vehicle by fighting off a would-be thief on Wednesday, police said.
BART's San Leandro station was closed Friday afternoon because of police activity, the agency said.
San Francisco 49ers quarterback Brock Purdy will miss Sunday's game against the Green Bay Packers with a sore throwing shoulder.
Flash flood warnings were issued Friday afternoon for several Bay Area counties where instances of flooding deemed "life-threatening" were occurring.
Flash flood warnings were issued Friday afternoon for several Bay Area counties where instances of flooding deemed "life-threatening" were occurring.
Prosecutors rested their case Thursday in the trial of Nima Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee in April 2023.
A 48-year-old man was found guilty of carjacking an Uber driver in San Francisco in January, according to prosecutors.
Police in Redwood City arrested a middle-school student Thursday suspected in a robbery that may be tied to an attempted homicide.
San Mateo County lawmakers are placing new pressure on Sheriff Christina Corpus to step down following a damaging report alleging widespread misconduct by the Sheriff's Office, which includes reference to a series of text messages.
A 10-year-old girl from Antioch is being credited for thwarting an attempted carjacking of her mother's vehicle by fighting off a would-be thief on Wednesday, police said.
BART's San Leandro station was closed Friday afternoon because of police activity, the agency said.
A California child was confirmed to be the first U.S. child to become infected with bird flu, the U.S. Centers for Disease Control and Prevention announced Friday.
After a decade of planning, Costco in Pleasanton is set to open the day before Thanksgiving. Despite storms in the forecast, some shoppers began camping out with tents and canopies a week ahead of time.
Sevan Ikeda, a 17-year-old senior, could be the first student from California School for the Deaf in Fremont to qualify for the Cross Country State Championships three times.
The manager of a boxing gym in San Jose has been arrested on felony sexual assault charges after he allegedly committed sex crimes against three women, prosecutors said.
In Pacifica, like other spots along the coast, the potentially dangerous surf conditions are more of an issue than the rain.
Police in the South Bay have made an arrest after a man was found fatally shot in Morgan Hill on Wednesday morning.
Eataly, the gourmet Italian marketplace blending restaurants, cafes, and specialty products, offers an immersive experience designed to transport visitors straight to Italy.
A Mountain View barber accused in multiple sexual assaults in which the victims were unconscious has fled from prosecution and is now a fugitive, authorities said Wednesday.
Downtown Petaluma is already decked out for the holidays. But something is missing: 60 strategically placed purple bins placed as part of a plan to reduce disposable cup waste.
Authorities in Sonoma County have identified the person killed when a boat capsized near Bodega Bay on Monday, one of a series of recent fatal incidents in the area this month.
With the rainy season beginning, researchers are looking at how much water will be captured.
In Santa Rosa, a steady rain fell all day Wednesday leading to some localized flooding and road closure plus flood watches and flood advisories.
Mill Valley residents are preparing in advance for the storm that will hit the North Bay.
San Francisco 49ers quarterback Brock Purdy will miss Sunday's game against the Green Bay Packers with a sore throwing shoulder.
A trailblazing coach for the San Francisco Giants is leaving the team for another MLB gig.
Sevan Ikeda, a 17-year-old senior, could be the first student from California School for the Deaf in Fremont to qualify for the Cross Country State Championships three times.
Former Golden State Warriors basketball executive Bob Myers was appointed to the University of California Board of Regents on Thursday, UC officials announced.
The Green Bay Packers have lost to San Francisco in the playoffs three times in the last five seasons and wouldn't mind seeing the 49ers miss the postseason entirely.
A 10-year-old girl from Antioch is being credited for thwarting an attempted carjacking of her mother's vehicle by fighting off a would-be thief on Wednesday, police said.
BART's San Leandro station was closed Friday afternoon because of police activity, the agency said.
The manager of a boxing gym in San Jose has been arrested on felony sexual assault charges after he allegedly committed sex crimes against three women, prosecutors said.
Prosecutors rested their case Thursday in the trial of Nima Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee in April 2023.
A 48-year-old man was found guilty of carjacking an Uber driver in San Francisco in January, according to prosecutors.
Prosecutors rested their case Thursday in the trial of Nima Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee in April 2023.
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
A study found that Elon Musk is the most common celebrity used in deepfake scams.
Autonomous vehicle company Cruise LLC agreed to a $500,000 fine Thursday after admitting to a false report following a crash last year in which one of its vehicles dragged a pedestrian in San Francisco.
A California child was confirmed to be the first U.S. child to become infected with bird flu, the U.S. Centers for Disease Control and Prevention announced Friday.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Officials with the California Department of Public Health (CDPH) said they have identified a possible bird flu case in a child in Alameda County.
The first case in the U.S. of a more severe strain of mpox was reported in San Mateo County, the California Department of Public Health said.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
The Supreme Court issued its first opinion of the term, a one-line decision dismissing Facebook's appeal.
California Gov. Gavin Newsom traveled into a part of the state that supports President-elect Donald Trump Thursday, speaking about jobs in a county that flipped from Democrat to Republican support this election cycle.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
In many Indigenous cultures across the Americas, gender is recognized as fluid, contrasting sharply with Western norms. Jose Martinez reports.
In many Indigenous cultures across the Americas, gender is recognized as fluid, contrasting sharply with Western norms.
As San Jose State University women's volleyball team gears up for their final games of the regular season, a new lawsuit is challenging their post-season eligibility.
Festivities began Friday for Dia de los Muertos -- or Day of the Dead, with those who celebrate preparing altars to honor family members who have passed.
A jury in Santa Clara County on Wednesday convicted a Milpitas man of murder for killing his transgender partner in 2021, prosecutors said.
CBS News' Anthony Mason joins Paul Simon on a trip to the Stanford Initiative to Cure Hearing Loss, to explore how researchers are getting closer to finding answers about repairing and preventing hearing loss.
One of the seminal modern jazz-funk bands to emerge during the early '90s "rare groove" revival, fiery quintet the Greyboy Allstars bring their potent grooves to the Bay Area for three shows starting Thursday.
San Francisco welcomes the return of the Sun Ra Arkestra, presenting the interstellar sounds of the late bandleader's sprawling Afrofuturist ensemble for three nights at the Great American Music Hall starting Friday.
Anchored by the McDonald brothers Steven and Jeff for 45 years, Redd Kross brings its mix of punk energy and pop hooks to the Chapel Sunday night, showcasing songs from their acclaimed new self-titled album.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
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.
An atmospheric river storm inundated the Bay Area with rain causing widespread flooding throughout the region Friday, including on Interstate Highway 280 in Daly City.
Friday noon news update from KPIX
Meteorologist Jessica Burch shows how the rest of the Bay Area is feeling the effects of the atmospheric river storm.
The atmospheric river storm that has soaked the North Bay and inundated the northern part of the state was moving south across the rest of the Bay Area Friday.
With rising water levels from the atmospheric river storm hitting the North Bay, Santa Rosa residents were preparing for the next round of rain. Andrea Nakano reports.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
An Oakland woman has brought the joy of dance and an appreciation for African American culture to performers and audiences for 52 years.
This week's Jefferson Award winner is a Berkeley woman who has promoted child literacy for four decades, as host of a community TV show encouraging young poets.
With hate crimes on the rise in the U.S., a pair of Oakland women have been equipping people with self-defense tools for free.
If a picture is worth a thousand words, what are two million photos worth? A history of Asian Americans in the Bay Area, for this week's Jefferson Award winner.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
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.