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.
Austin Reaves scored the winning layup with one second left after Stephen Curry tied it on a 31-foot 3-pointer with seven seconds remaining, LeBron James had 31 points and 10 assists playing in his NBA-record 19th Christmas Day game, and the Los Angeles Lakers held off the Golden State Warriors 115-113.
The owner of Home of Chicken and Waffles, teamed up with Center of Hope and The City Eats to organize the annual Christmas Brunch near his Jack London Square restaurant.
San Franciscans and those visiting from out of town celebrated Christmas by participating in beautiful religious services across the city.
Toy stores and the toy industry are warning that Trump's pledge to add tariffs to Chinese imports could harm their businesses.
An Oakland man died in a house fire Wednesday morning after safely getting his family out of the home, the fire department said.
Austin Reaves scored the winning layup with one second left after Stephen Curry tied it on a 31-foot 3-pointer with seven seconds remaining, LeBron James had 31 points and 10 assists playing in his NBA-record 19th Christmas Day game, and the Los Angeles Lakers held off the Golden State Warriors 115-113.
The owner of Home of Chicken and Waffles, teamed up with Center of Hope and The City Eats to organize the annual Christmas Brunch near his Jack London Square restaurant.
San Franciscans and those visiting from out of town celebrated Christmas by participating in beautiful religious services across the city.
Toy stores and the toy industry are warning that Trump's pledge to add tariffs to Chinese imports could harm their businesses.
An Oakland man died in a house fire Wednesday morning after safely getting his family out of the home, the fire department said.
San Franciscans and those visiting from out of town celebrated Christmas by participating in beautiful religious services across the city.
Officers of the San Mateo Police Department arrested a man on Tuesday for allegedly resisting arrest and threatening an officer after he was suspected of shoplifting from a Safeway store in San Mateo, the department said.
The San Francisco Police Department is investigating a fatal shooting that occurred in the city's Bayview neighborhood on Monday.
For the Golden State Warriors Dance Team, every step is a gift, and this Christmas, they're wrapping up something special for fans.
On the streets of San Francisco, one street performer captivates tourists with his blend of music and performance art.
The owner of Home of Chicken and Waffles, teamed up with Center of Hope and The City Eats to organize the annual Christmas Brunch near his Jack London Square restaurant.
An Oakland man died in a house fire Wednesday morning after safely getting his family out of the home, the fire department said.
It's a winter wonderland at The Veranda in Concord as families spend Christmas Eve on the ice skating rink and on some last-minute shopping.
Police said the group also targeted a Gamestop, which is where officers made contact with the suspects.
A big rig overturned and shut down a connector ramp of westbound Interstate Highway 80 in Oakland early Tuesday morning, according to the California Highway Patrol.
One person died on a Santa Cruz County beach and two went missing in Monterey County Monday after large waves battered the Northern California coastline amid a high surf warning.
A part of the Santa Cruz Wharf collapsed Monday afternoon during a high-surf warning, with authorities confirming two people had to be pulled from the water.
A woman was critically injured in a stabbing in a San Jose neighborhood Monday and a suspect was arrested in the attack, authorities said.
San Jose police said three people were arrested in connection to organized retail theft on Saturday.
A suspect is in custody after an Amber Alert was issued for two children authorities say were abducted in King City.
A dead body was found at a campground Tuesday morning in Sonoma County, according to authorities.
The manager of a Santa Rosa restaurant was arrested after a patron discovered a cellphone in an air vent of the bathroom, police said Tuesday.
Vallejo police arrested one of multiple burglary suspects who allegedly rammed a vehicle through a store's front entrance last week.
One person died on a Santa Cruz County beach and two went missing in Monterey County Monday after large waves battered the Northern California coastline amid a high surf warning.
The Napa Salvation Army struck gold on Saturday, discovering a rare gold coin worth thousands of dollars in one of its red kettles.
Austin Reaves scored the winning layup with one second left after Stephen Curry tied it on a 31-foot 3-pointer with seven seconds remaining, LeBron James had 31 points and 10 assists playing in his NBA-record 19th Christmas Day game, and the Los Angeles Lakers held off the Golden State Warriors 115-113.
Myles Turner made a 3-pointer from the top of the arc with 16 seconds left and had 23 points and 10 rebounds, Pascal Siakam added 20 points and the Indiana Pacers beat the Golden State Warriors 111-105 on Monday night for their fifth straight win.
On the day the San Francisco 49ers were eliminated from playoff contention, they delivered a performance that summed up their disappointing season.
The Miami Dolphins kept their playoff chances alive by beating the San Francisco 49ers 29-17 on Sunday.
The defending NFC champion San Francisco 49ers were eliminated from the playoffs before their game at Miami began on Sunday because of victories by Washington and the Los Angeles Rams.
Officers of the San Mateo Police Department arrested a man on Tuesday for allegedly resisting arrest and threatening an officer after he was suspected of shoplifting from a Safeway store in San Mateo, the department said.
The San Francisco Police Department is investigating a fatal shooting that occurred in the city's Bayview neighborhood on Monday.
Police said the group also targeted a Gamestop, which is where officers made contact with the suspects.
The manager of a Santa Rosa restaurant was arrested after a patron discovered a cellphone in an air vent of the bathroom, police said Tuesday.
Vallejo police arrested one of multiple burglary suspects who allegedly rammed a vehicle through a store's front entrance last week.
In the face of wide speculation about how artificial intelligence will impact workers in the Bay Area and beyond, a series of billboards plays on those concerns, advertising what appears to be a nightmare scenario where people are entirely replaced by computers.
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
Members of Cash App founder Bob Lee's family had sharp criticism Tuesday for those close to Nima Momeni, who was convicted of second-degree murder in Lee's 2023 stabbing death in San Francisco.
Nima Momeni has been found guilty of second-degree murder in the fatal stabbing of Cash App founder Bob Lee, a verdict reached by a San Francisco jury after seven days of deliberations.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
California Gov. Gavin Newsom issued an emergency proclamation on Wednesday in response to growing concerns over bird flu cases in the state and across the country.
Researchers at Stanford University believe a newly developed AI tool could help in the fight against cancer and other diseases.
Striking San Francisco hotel workers are attempting to discourage people from attending a major healthcare conference in January.
At least 364 pertussis cases were reported, marking the worst Thanksgiving week on record.
Among the new laws signed by President Biden are Paris Hilton's bill to protect institutionalized teenagers and a bill to address hazing on college campuses.
Former President Bill Clinton was released from a hospital in Washington. D.C., on Christmas Eve, following an overnight stay for treatment of a fever and flu.
President Biden vetoed an effort to add 66 federal district judgeships, saying "hurried action" by the House left important questions unanswered.
Former President Bill Clinton remains in "good spirits," a spokesman said.
President Biden left in place the capital punishment sentences of just three federal inmates: Robert Bowers, Dzhokar Tsarnaev and Dylann Roof.
Police in Santa Cruz have arrested a man on suspicion of a hate crime after a LGBTQ+ bar in the city's downtown was vandalized early Tuesday morning.
The building located off Folsom Street will include 42 units for young adults ages 18 to 24.
San Jose State's volleyball team was the subject of a national debate about women in sports.
A look at key dates before and during the San Jose State women's volleyball season marked by multiple forfeits by teams claiming the Spartans have a transgender player.
San Jose State says it's disappointed that Boise State forfeited its semifinal match in the Mountain West women's volleyball tournament but is focused on the future.
Veteran East Bay R&B band Tower of Power plays classic funk and soul hits along with some seasonal holiday standards to the Fox Theater in Oakland Saturday night.
Surviving members of the Grateful Dead, Bobby Weir, Bill Kreutzmann, and Mickey Hart, revisit the Great American Music Hall in San Francisco.
One spectacular holiday light display in the East Bay takes its central inspiration not from Santa or Christmas elves, but canines.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
Comedian Nikki Glaser, known for her honest style, is gearing up to host the 82nd Annual Golden Globes.
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.
Kelsi Thorud reports on the holiday events at Union Square. 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
Da Lin reports on the annual Christmas brunch held by an Oakland business to help those in need. 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
Kara St. Cyr reports on a deadly house fire in Oakland. 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
Sooji Nam reports on holiday events in the Bay Area. 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
This Christmas, St. Anthony's Foundation in San Francisco continues its nearly 75-year legacy of service and compassion, bringing hope and community to the city’s most vulnerable by serving a festive meal to anyone who wants one. Veronica Macias reports.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
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.
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.