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PayPal is laying off 2,500 employees


The cuts will allow PayPal to “move with the speed needed to deliver for our customers and drive profitable growth,” CEO Alex Chriss said in the letter sent to employees.

The CEOs of five social media companies are headed to Washington to testify in a Senate Judiciary Committee hearing about child safety. Apple's new rules include charging developers a "Core Technology Fee" of €0.50 (around 54 cents) per install after an app reaches a 1 million download threshold for the year The biggest news stories this morning: Japan will no longer require floppy disks for submitting some government documents, How to buy a monitor, Neuralink’s brain chip has been implanted in a human, Elon Musk says

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