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Venmo has 40 million users, PayPal reveals for first time

Thursday, April 25, 2019, 9:13 AM

Popular payment app Venmo has ushered in 40 million users to the platform, its parent company PayPal announced on Wednesday. This is the first time PayPal has disclosed user numbers for the millennial-focused, peer-to-peer app. In its first-quarter earnings report, PayPal said it now has a total 277 million total customer accounts including 22 million merchant accounts.
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Los Angeles is still the smoggiest US city, report says

Thursday, April 25, 2019, 9:07 AM

Los Angeles retained its dubious distinction as U.S. city with the dirtiest-air, but Phoenix, Houston and New York also made the top-10-list, the American Lung Association said. According to 2019 "State of the Air" report, four in 10-Americans live with unhealthy air. It said increased heat and more active wildfire season in California, Oregon, Washington and Montana also contributed to a particle pollution problem.
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Facebook says the FTC privacy inquiry could cost as much as $5 billion

Thursday, April 25, 2019, 9:06 AM

Facebook took $3 billion charge due to Federal Trade Commission's inquiry into its business, the company disclosed in its first-quarter 2019 earnings report. Facebook estimated the final charge could be as much as $5 billion for the company. "The matter remains unresolved, and there can be no assurance as to timing or the terms of any final outcome," the company wrote in its release.

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