Every year, around 20 students right out of school are paid $100,000 by the PayPal co-founder to skip formal education and fund their own careers.
“Peter is not running for governor,” spokesman Jeremiah Hall said in a statement.
The PayPal co-founder and Donald Trump supporter is reportedly considering a bid for the Golden State governor in 2018.
According to new data from PayPal, mobile devices contributed to a third of online shopping on Thanksgiving and Black Friday.
PayPal now has support for Siri, so users can command the money transfer app using their voice.
A PayPal survey released Tuesday found that users preferred multi-use devices over specialized single-use ones for gaming.
The organization took to Twitter to ask its “supporters to stop taking down the U.S. internet,” after major websites like Twitter, Amazon and PayPal were forced to go offline.
“Every American has a unique identity. I am proud to be gay,” said the PayPal co-founder as he took the stage to endorse Republican presidential nominee Donald Trump.
The company won approval from a U.S. bankruptcy court judge to set in motion its plans to auction Gawker Media after it lost a $140 million lawsuit filed by professional wrestler Hulk Hogan.
While Facebook said the tech billionaire would stay, CEO Mark Zuckerberg, who owns 60 percent of the total voting power, will make the final call Monday.
Now that Thiel's vendetta against the media gossip site is the talk of the town, media baron Nick Denton is on the offensive.
PayPal co-founder Peter Thiel secretly funded Hulk Hogan’s successful lawsuit against the site, a report says.
Big-data company Palantir says it has no involvement with a Hong Kong-based firm looking to harness the power of quantum computing.
Two weeks after the online payment company said it would build a global operations center in Charlotte, it’s leaving.
Samsung announced more of its phones will have access to its mobile pay system and that users will soon be able to also pay online.
As Cyber Monday kicked off in the U.S., online payment processing service PayPal seems to be struggling to cope with the increased demand.
The technology company reportedly plans to launch a Venmo-style person-to-person payments service -- which could take business away from major financial firms.
The person-to-person payment market is expected to grow from $5 billion in 2014 to $17 billion in 2019, according to Forrester Research.
Apple denies it wants to be a bank, but a report suggests it is developing a mobile payment system to allow iPhone users to send money to one another from their phones.
The service, which would compete with PayPal Inc's popular Venmo, would allow users to transfer funds from their checking accounts through Apple devices.
The coalition, dubbed Financial Innovation Now, aims to influence tech-friendly financial services legislation and policy.
Businesses and users held off on purchases as the online payments service suffered an outage spanning a few hours, according to reports.