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Shares of PayPal plunged after the company replaced CEO Alex Chriss and issued a disappointing profit outlook for 2026, rattling investors and raising fresh doubts about its turnaround strategy. The board named Enrique Lores, currently head of HP, as the new president and chief executive, saying the pace of change under Chriss fell short of […]
India’s Supreme Court has warned it could reinstate restrictions on WhatsApp sharing user data with other Meta entities, raising fresh concerns over privacy and consent. During a hearing on Tuesday, the chief justice said WhatsApp’s privacy policy appeared to be designed in a way that could mislead users, particularly those with limited digital literacy. The […]
Data storage maker Western Digital said its board has approved an additional $4 billion for share repurchases, citing strong demand for memory chips used in artificial intelligence servers. The announcement pushed shares up about 5% in premarket trading, extending a rally that has already lifted the stock sharply over the past year. The company said […]