MACKENZIE SIGALOS / CNBC::
PayPal reports the quarter of net income up up 5% in annual shift to $ 8.3 billion, compared to $ 8.08 billion, TPV up 6% in annual shift to 443.5 billion dollars, transactions fell 5% in annual shift to 6.2 billion dollars, active in an annual shift 438 meters– Paypal declared better results than expected for the second quarter and increased its annual directives for the transaction margin and profit by action.
Trending
- Australia’s ACCC is suing Amazon for allegedly introducing ads on Prime Video under unfair contractual terms and forcing existing subscribers to pay more to avoid them (Peter Vercoe/Bloomberg)
- House Democrats to force vote to cut Trump’s arms fund
- Google says the Gemini app now offers custom Nano Banana image generation, previously limited to Plus, Pro and Ultra users, for free to eligible US users (Lauren Forristal/TechCrunch)
- Eli Lilly, Regeneron in FDA PreCheck manufacturing program
- As a new law prohibits the DOD from working with companies whose lobbyists also represent blacklisted entities, DC lobbying firms are abandoning companies like Alibaba and Tencent (Bloomberg).
- Supreme Court condemns Republicans in midterms with ruling on mail-in voting
- Quantifind, whose AI products help banks combat financial crimes such as money laundering, raised $200 million led by Summit Partners (Laura Kreutzer/Wall Street Journal)
- Months after attacks, Chinese work resumes on Dushanbe-Kulma highway – The Diplomat

