PayPal is looking towards the future, despite its falling stock and looming layoffs. In its first-quarter earnings call, CEO Enrique Lores told investors that PayPal needs to “recommit to the fundamentals,” which included “becoming a technology company again.”
There was no need to read between the lines — PayPal was pitching an AI-powered turnaround.
Originally reported by TechCrunch. Read the full story at the original source.
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