All Stories: Pay Pal

Once a pioneer in cashless transactions, Japan is now lagging behind as the world's biggest economies increasingly embrace electronic payment

SAN FRANCISCO: Facebook's Messenger application, which now boasts a billion users, is introducing new capabilities that will make it possible to pay for goods and services through Messenger or though "bots," or automated programs, that use the messaging app.

NEW YORK: Online retail giant eBay will slash 2,400 jobs -- seven percent of its workforce -- in the current quarter as it restructures and prepares to spin off its PayPal finance unit, it said Wednesday.