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How Elon Musk's time at PayPal shaped his approach to overhauling Social Security [Yahoo! Finance]

PayPal Holdings, Inc. (PYPL)  More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
His tenure at the digital payments upstart more than two decades ago was marked by a fight against fraud, which he and his then-colleagues considered an existential threat to their enterprise. "Fraud wasn't just a storyline at early PayPal — it was the storyline," said Jimmy Soni, an author of a book about the company that turned into a tech star in the late 1990s and early 2000s. "It represented survival or catastrophe." How Musk and his PayPal cohort tried to deal with financial cheating in that era has clear echoes today as Musk's DOGE team has embarked on a search for fraud across the federal government and in the Social Security system in particular. While available data shows that fraud is a much smaller relative issue in the federal government now than at early PayPal — where losses indisputably represented a sizable piece of the startup's balance sheet — Musk rarely offers commentary these days that doesn't make charges of widespread wrongdoing around the government. [Read more]
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Stockreport

How Elon Musk's time at PayPal shaped his approach to overhauling Social Security [Yahoo! Finance]

PayPal Holdings, Inc.  (PYPL) 
More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
His tenure at the digital payments upstart more than two decades ago was marked by a fight against fraud, which he and his then-colleagues considered an existential threat to their enterprise. "Fraud wasn't just a storyline at early PayPal — it was the storyline," said Jimmy Soni, an author of a book about the company that turned into a tech star in the late 1990s and early 2000s. "It represented survival or catastrophe." How Musk and his PayPal cohort tried to deal with financial cheating in that era has clear echoes today as Musk's DOGE team has embarked on a search for fraud across the federal government and in the Social Security system in particular. While available data shows that fraud is a much smaller relative issue in the federal government now than at early PayPal — where losses indisputably represented a sizable piece of the startup's balance sheet — Musk rarely offers commentary these days that doesn't make charges of widespread wrongdoing around the government. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
PYPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS