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PayPal launches PYUSD stablecoin for payments and transfers

August 7, 2023
PayPal is rolling out a stablecoin for payments and transfers, the company announced on Monday. PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal says the stablecoin is rolling out to US customers gradually. Eligible U.S. PayPal customers who purchase […]

Tesla CFO, ‘Master of Coin’ Zachary Kirkhorn steps down

August 7, 2023
Zachary Kirkhorn, Tesla’s chief financial officer and so-called ‘Master of Coin‘ stepped down August 4 after 13 years working with the electric vehicle maker, according to a regulatory filing. Vaibhav Taneja, Tesla’s current chief accounting officer, will succeed Kirkhorn. The former CFO will continue his role at Tesla through the end of 2023 to support […]

3 Insurance Stocks With Promising Growth and Momentum

August 7, 2023
The insurance industry shows significant prospects in its property and casualty segment. Therefore, insurance stocks Berkshire Hathaway (BRK.B), Old Republic International (ORI), and Mercury General (MCY), which possess solid growth…

Skyline raises $3.35M to clean skyscraper windows with robots

August 7, 2023
Sometimes conceptualizing automation requires some stretching of the imagination. It’s not always clear why some tasks are prioritized — or how that automation might be implemented. And then there’s window cleaning. While it’s true that window cleaning safety has come a long way since the birth of the skyscraper, it’s still a time and labor-intensive […]