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PayPal up in first trading day, has big plans
San Jose, Calif. – PayPal Inc.’s first day of trading as an independent public company on the Nasdaq stock exchange was a good one. The digital payment platform closed at a price of $40.47 on Monday, July 20, up 5% from the opening price of $38.39.
In 2014, when it operated as a division of eBay Inc., PayPal processed $235 billion in total payment volume and generated more than $8 billion in revenues. The company serves more than 169 million active customer accounts in 203 markets around the world.
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Report: Sam's Club, Costco shutter photo sites after breach
Sam’s Club, Costco, Rite Aid, and other retailers have shut down their photo services to deal with a potential data breach.
According to Reuters, CVS, which also uses the same photo hosting service as the retailers named above, temporarily shut down its photo sites last week after noticing possible credit card data irregularities.
According to Reuters, some of the companies temporarily shut down the services after photo hosting service PNI told them about the breach, while others proactively shut down after reading reports.

