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.
Jalen Brunson scored 34 points and Miles McBride added a career-high 29 to lead the New York Knicks to their fourth straight win, 119-112 over the Golden State Warriors.
A woman with a difficult past has made it her mission at a Treasure Island charter school to keep troubled teens from going down the same path.
Reigning NL Cy Young winner Blake Snell and the San Francisco Giants have agreed to a two-year contract worth $62 million, CBS Sports' Jim Bowden has confirmed.
Oakland Mayor Sheng Thao presented a positive picture of the troubled Hegenberger corridor area on Monday, saying efforts to reduce crime are paying off despite the rising number of businesses in the neighborhood changing policies or shutting down completely over safety concerns.
The San Francisco 49ers have agreed to a deal with quarterback Joshua Dobbs to give the team another backup option behind Brock Purdy.
Jalen Brunson scored 34 points and Miles McBride added a career-high 29 to lead the New York Knicks to their fourth straight win, 119-112 over the Golden State Warriors.
A woman with a difficult past has made it her mission at a Treasure Island charter school to keep troubled teens from going down the same path.
Reigning NL Cy Young winner Blake Snell and the San Francisco Giants have agreed to a two-year contract worth $62 million, CBS Sports' Jim Bowden has confirmed.
Oakland Mayor Sheng Thao presented a positive picture of the troubled Hegenberger corridor area on Monday, saying efforts to reduce crime are paying off despite the rising number of businesses in the neighborhood changing policies or shutting down completely over safety concerns.
The San Francisco 49ers have agreed to a deal with quarterback Joshua Dobbs to give the team another backup option behind Brock Purdy.
Jalen Brunson scored 34 points and Miles McBride added a career-high 29 to lead the New York Knicks to their fourth straight win, 119-112 over the Golden State Warriors.
A woman with a difficult past has made it her mission at a Treasure Island charter school to keep troubled teens from going down the same path.
The San Francisco 49ers have agreed to a deal with quarterback Joshua Dobbs to give the team another backup option behind Brock Purdy.
The former head of the San Francisco Public Utilities Commission will serve four years in prison, the Department of Justice said.
An injury collision on the eastbound span of the San Mateo Bridge late Monday afternoon closed lanes at the height of the evening commute, according to authorities.
Oakland Mayor Sheng Thao presented a positive picture of the troubled Hegenberger corridor area on Monday, saying efforts to reduce crime are paying off despite the rising number of businesses in the neighborhood changing policies or shutting down completely over safety concerns.
An East Bay internal medicine doctor has been sentenced to federal prison and ordered to give up her medical license after admitting to illegally distributing powerful opioids, prosecutors said Monday.
A former Contra Costa Fire Protection District battalion chief was convicted of taking public funds between 2014 and 2019 for personal use, the district attorney's office said.
Police in Berkeley on Monday provided additional details about a deadly weekend stabbing at an apartment building on University Ave. where a woman was arrested.
The California Highway Patrol on Monday confirmed the weekend arrest of a suspect involved in a non-injury freeway shooting in Oakland.
Two suspects are being sought and a reward is being offered following what San Jose police described as a "heartless" case of animal cruelty after a dog was found shot earlier this year.
A possible road rage incident led to stabbings Friday in Sunnyvale and two men have been arrested, according to police.
A motorcyclist was killed in Sunnyvale after he collided with a vehicle on Sunday morning, police said.
As the war between Israel and Hamas continues to rage on in Gaza, people from around the world have been doing what they can to help civilians on the ground, including a doctor from the Bay Area.
Over a week after the California primary, the race for second place in the Bay Area's 16th congressional district remains too close to call.
Authorities in Marin County arrested a Fremont man in connection with an alleged crime spree on St. Patrick's Day that involved retail robbery, multiple police pursuits and vehicle thefts.
A fire at a downtown restaurant in San Rafael Monday morning temporarily forced the closure of a main thoroughfare in the city.
Police in Petaluma are seeking suspects after more than 30 vehicle break-ins were reported in the North Bay community over the weekend.
Two Vallejo men suspected in an armed robbery were accused of attempted murder after trading gunshots with Benicia officers.
Santa Rosa police on Wednesday arrested a 19-year-old suspect on multiple charges for allegedly possessing unsecured firearms illegally in a home where a child easily could have found them, authorities said.
Jalen Brunson scored 34 points and Miles McBride added a career-high 29 to lead the New York Knicks to their fourth straight win, 119-112 over the Golden State Warriors.
Reigning NL Cy Young winner Blake Snell and the San Francisco Giants have agreed to a two-year contract worth $62 million, CBS Sports' Jim Bowden has confirmed.
The San Francisco 49ers have agreed to a deal with quarterback Joshua Dobbs to give the team another backup option behind Brock Purdy.
An accounting error regarding the salary cap at the end of the 2022 season has forced the San Francisco 49ers to forfeit a 2025 draft pick and moved down the placement of a 2024 fourth-round pick.
The San Francisco Giants and longtime public-address announcer Renel Brooks-Moon are parting ways after the sides failed to reach agreement on a contract extension.
Oakland Mayor Sheng Thao presented a positive picture of the troubled Hegenberger corridor area on Monday, saying efforts to reduce crime are paying off despite the rising number of businesses in the neighborhood changing policies or shutting down completely over safety concerns.
The former head of the San Francisco Public Utilities Commission will serve four years in prison, the Department of Justice said.
An East Bay internal medicine doctor has been sentenced to federal prison and ordered to give up her medical license after admitting to illegally distributing powerful opioids, prosecutors said Monday.
Authorities in Marin County arrested a Fremont man in connection with an alleged crime spree on St. Patrick's Day that involved retail robbery, multiple police pursuits and vehicle thefts.
A former Contra Costa Fire Protection District battalion chief was convicted of taking public funds between 2014 and 2019 for personal use, the district attorney's office said.
Elon Musk defended his use of the drug in an interview with Ex-CNN host Don Lemon, pointing to his leadership of Tesla.
A criminal trial in San Francisco federal court revolves around HP's $11 billion acquisition of British software maker Autonomy in 2011.
Reddit says the Federal Trade Commission has opened an inquiry into the social media platform's sale, licensing or sharing of user posts and other content to outside organizations for use in training artificial intelligence models.
The swiftness of TikTok's potential demise depends on whether the bill overcomes a number of hurdles and is passed by the Senate.
While large corporations and government are fighting over a potential TikTok ban, it could also affect people who use the app for their livelihood.
An East Bay internal medicine doctor has been sentenced to federal prison and ordered to give up her medical license after admitting to illegally distributing powerful opioids, prosecutors said Monday.
Cheetos varieties, including the spicy Flamin' Hot version, and other chips like Doritos include red 40, yellow 5 and yellow 6 – all on the list of ingredients that would be banned if the bill is enacted. Here are other foods that include dyes.
Retailer has received dozens of complaints of the air fryers overheating, melting or shattering, including six that caught fire.
A nationwide food recall is causing headaches for some of the county's biggest cheese distributors.
After traces of lead in applesauce poisons nearly 470 people, mostly young kids, FDA finds the metal in more food items.
Congressional probe into construction of gallows said no suspects have been identified over three years since the Jan. 6, 2021, Capitol assault.
Justice Samuel Alito extended an order barring Texas officials from detaining and jailing migrants under a new state law as a court fight plays out.
Former President Donald Trump has until March 25 to obtain a bond to secure $464 million judgment against him as he appeals his New York civil fraud case.
The Supreme Court heard a free speech case involving the Biden administration's efforts to pressure social media companies to remove what it said was false information.
The award-winning film "Oppenheimer" has brought a renewed push for justice for generations of people who developed cancers and other diseases as a result of nuclear weapons tests. Scott MacFarlane has the story.
Jurors convicted Daqua Lameek Ritter of a hate crime for the murder of a woman referred to as "Dime Doe."
The Defense Department announced last year it would begin "proactively" reviewing the discharges of LGBTQ+ veterans who were kicked out of the military.
The Pentagon launched discharge reviews for LGBTQ+ military veterans after a yearlong CBS News investigation.
President Biden honored transgender Americans on Trans Day of Remembrance, which falls on Nov. 20 and serves to pay tribute to trans people who have lost their lives to violence.
Laphonza Butler will be the first Black lesbian to serve in Congress and the first openly LGBT senator from California.
A new novel by Bay Area author Kyla Zhao takes a critical look at the experience women have in the male-dominated tech industry, hoping to provide greater representation in publishing by building the story around an Asian woman.
The East Bay city of Dublin marked its 40th year commemorating a religious holiday that has become a reason to party.
Pioneering '60s rock icons the Flamin' Groovies play Thee Stork Club in Oakland this Saturday with all-female Kinks tribute band the Minks opening.
A second man is charged in connection with the 2005 theft of ruby slippers worn by Dorothy in "The Wizard of Oz".
Longtime Jethro Tull guitarist Martin Barre brings his current tour paying tribute to the band's illustrious history Wednesday with a pair of shows at Yoshi's in Oakland.
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 a vigil that was held for the family who was hit in San Francisco's West Portal neighborhood.
Loureen Ayyoub reports on Glacier, a San Francisco company that's created an AI powered robot to streamline the recycling process. (3/18/2024)
CBS News Bay Area evening headlines for Monday, March 18, 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
Kenny Choi reports on a Treasure Island charter school that is helping at-risk teens.
Skyler Henry reports on Supreme Court proceedings that could decide how much power the government has in controlling content moderation on social media platforms. (3/18/2024)
CBS News Bay Area on Thursday honored all of our 2023 Jefferson Award winners at our annual medal ceremony.
A Concord woman's nonprofit that brings comfort and support for families with critically-ill children in the hospital has continued to grow since KPIX first spotlighted the Jefferson Award winner in 2005.
His nonprofit launched one of the largest privately-funded programs giving unhoused people a basic income in the Bay Area. Kevin Adler's 2018 Jefferson Award winner's groundbreaking program is making a difference.
Marin County students are learning new details about a little-known period of Black history thanks to a Marin City woman.
Children who have felt isolated are now experiencing a sense of belonging, thanks to a program started by a Marin County woman.
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.
Itohan Ediae and Qien Feng are getting ready to leave for their first year of college and they are taking a lot with them: excitement, nerves, and memories from what has become an extraordinary friendship.