What to read today: Microsoft is reportedly in talks to buy TikTok's US operations. Apple just announced its 5th stock split in history. Here's what that means — and how many shares you'd have if you bought one before its first split in 1987. Public opinion on big tech execs swung wildly after their day in congress. Jeff Bezos is up, Sundar Pichai is down. And much more.
Digital payments have taken on new importance during the pandemic since consumers are trying to limit their potential exposure to the virus, propelling PayPal's performance.
This led PayPal's number of daily active accounts to climb 37% annually and reach a level of usage for the full quarter that's comparable to the usage it experiences during the high-volume period between Thanksgiving and Cyber Monday.
The swelling user bases of PayPal's services should help it successfully develop and grow its offerings because it has millions more consumers and merchants in its ecosystem.
In this brand new report, Insider Intelligence forecasts the growth or decline over the next five years of five key banking channels in the UK: branches, digital platforms, smartphones, call centers, and ATMs.
*£15 off offer available until 11:55pm on 4 August 2020. Valid on one (1) order made via the Uber Eats app in the UK (check the Uber Eats app for availability of deliveries and restaurants). First time users only. Minimum spend £15 on food and drink, excluding delivery fee. Other fees (such as a service fee) may apply to order. To be eligible for the promotion, apply code JULYOFFER in the Uber Eats app at the checkout before completing any order. Must receive this email directly from Uber Eats to qualify. Code can be redeemed for a maximum of 10000 users on a first come, first serve basis. Subject to availability. Read more.
**Your courier will still need to see you and your ID if your delivery contains alcohol.