Pay Pal To Lay Off 3% Of It’s Employees, Plans To Restructure

PayPal plans to slash jobsThe e-commerce online payment firm, PayPal is planning to slash around three percent jobs of its employees as it plans to restructure its operations under the leadership of David Marcus, its new President. The news was confirmed by a person familiar with the matter, who chose to stay anonymous.

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PayPal Collaborates With Discover, Enters Merchant Locations in US

A San Jose Calif.-based company, eBay Inc.’s PayPal offers users a safe, faster and easier way to make payments and get paid online. PayPal recently announced the extension of its services as the firm merges with Discover Financial Services that will bring PayPal to more than seven million merchant locations … Read the rest

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Lobbying Group to Be Formed by Google, Ebay, Amazon and Facebook


Google, eBay, Amazon and Facebook are planning the formation of a lobbying group, named ‘The Internet Association’. The main reason behind the formation of the group is to get a platform where companies can raise their voice against federal officials who are after the tech industry.

Michael Beckerman, former deputy … Read the rest

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