IJR News — today's news from every side

IJR News — today's news from every side

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Advent-Stripe reported to drop PayPal bidBusiness — Aug 28, 2026Advent International and Stripe have pulled out of their joint bid to acquire PayPal, ending what could have been one of the largest fintech takeovers. PayPal’s stock fell on the withdrawal news after the bidders valued the company around $50–60 billion, a deal the PayPal board previously deemed insufficient.

Truist Upgrades PayPal to Hold, Sets $57 Target — Jul 24, 2026PayPal (PYPL) was upgraded to a Hold by Truist with a $57 price target amid a flurry of analyst Activity including UBS, Daiwa, Mizuho and Piper Sandler lifting or maintaining ratings and targets, underscoring a mixed but constructive view on the stock. The company reported first-quarter results with $1.34 EPS on $8.35 billion in revenue, beating expectations and continuing a trend of solid margins and profitability.

Meta appoints Assaf Keren CISO — Jul 23, 2026Meta named Assaf Keren as its new chief information security officer, succeeding Guy Rosen who will retire after a transition later this year. Keren, a cybersecurity veteran from PayPal and Qualtrics, will focus on embedding security and trust in Meta's AI initiatives, a shift following Rosen's leadership over election integrity and company-wide AI integration.