Tech billionaire and the world's richest man Elon Musk acquired Twitter at a price of $44 billion on Friday after signing the twitter buyout deal. Musk becomes the chief of microblogging site Twitter now. The platform is the latest entity to be part of Musk's arsenal of an array of companies from space to automobile and construction to Fin tech. Known for its ingenuity and eccentricity, Musk is now part of these leading companies pioneering in different fields. Have a look all the companies.
The move comes nearly two years after PayPal opened up its platform to digital currencies. The platform had started allowing customers to buy, sell and hold bitcoin, ethereum, bitcoin cash and litecoin in October 2020. Since last year, the crypto market has seen a surge of investor interest with large venture investors.
Venmo users will be able to buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1 and publish transactions on the app`s feed, the company said. With more than 70 million customers, Venmo is one of the most popular payment apps in the United States, especially among younger consumers who use it to pay friends and family. California-based PayPal has become one of the most active mainstream financial companies in cryptocurrencies.
PayPal will hire 1,000 engineers for its India development centres across Bengaluru, Chennai and Hyderabad Talent will be hired across software, product development, data science, risk analytics and business analytics streams at entry, mid-level and senior roles. PayPal India also announced its plans for campus hires from top engineering colleges across India.
United States officials are investigating multiple attacks that caused widespread online disruption on both sides of the Atlantic on Friday.The incident took offline some of the most popular sites on the web, including Netflix, Twitter, Spotify, Reddit, CNN, PayPal, Pinterest and Fox News, as well as newspapers including the Guardian, the New York Times and the Wall Street Journal.