let's talk about paypal.e buying start-up happy returns which lets people return on line purchases in person. this deal follows paypal's $4 billion acquisition of-y, the coupon browser extension and its purchase of cryptocurrency security firm curv for $200 million. it brings them into the crypto and retail world it is continuing along the omnichannel track it has been on for a while with credit card swipe and whatnot. another twist on that? >> gr code, dan shullman on the earnings call last week mentioned on line retail sort of merging with physical retail this is sort of the maturation of paypal moving away from payments things like returns that don't logically really fit into paypal as just a payment platform they are really trying to become the one stop shop for merchants. i talked to a couple of executives who said this deal in particular puts paypal in the eyes of a merchant deciding between square and paypal -- returns can be sloppy, it is not a money maker but it is a reason for someone to choose payp

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square and paypal. square is down about 2.5%. they have both been catering towards crypto square down 2.5% paypal about half a percent. there's companies holding bitcoin on their balance sheet like tesla if they put a portion of their cash into bitcoin, would you back way or condone that over time >> we own square they clearly have commitment to bitcoin. the company is much more than a bitcoin play i think the payment system in the united states is archaic and changing we'll take it into consideration. owning it is not necessarily a bad thing. it just comes with the volatility and investors have to be ware of that as do corporate management teams we're not buying over stock as a secret bitcoin play. if we find a company with strong fundamentals at current valuations, it's a buy in our work >> what would you add in terms of people being exposed to bitcoin. these companies are outliers but if it becomes more common to go into crypto assets >> it was a mission statement. it's attached to this old kind of web services business you ha

paypal's total user base is now just shy of 400 million.t was $285 billion. venmo, the payments app made up about $51 billion of this. paypal has been a beneficiary of people moving to digital 35i789s during the pandemic. we didn't get any numbers on cryptocurrencies paypal is offering that now through a partner. we will look for color and commentary on crypto and bitcoin trading on the earn earnings call coming up at 5:p.m. eastern. stock is up after hours. >> just what everythingone is wondering. >>> hilton saw bookings improve in march and april as people are starting to feel more confident about traveling again. joining us now for a "closing bell" exclusive is hilton's ceo. good to see you. >> good to see you, sara how are you doing? >> okay. i thought the headline from your call was that you are seeing record travel leisure bookings this summer. can you give us more color yeah we are yeah i think if you look at the first quarter it was a tale of two cities january and february were still quite challenges but in march we really did hit

as part of that, we have chosen paypal as our partner for global processing of payments, and paypal hasn to partner with us to use our technology to bring payments into paypal's customer experience. emily: you also partner with amazon and walmart, and given all the scrutiny on amazon right now, i have to ask -- how do you feel about your partnership with amazon, and how does amazon treat you as a partner? >> amazon has been a great partner for us. we feel like amazon as well has very similar dna to paymentus. they are about improving customer experience, and we believe the model amazon is pursuing, which is to allow customers to ask alexa about bills and to process payments using their platform in the back is actually a remarkable thing for the industry. billing companies are looking for improving customer experience, and that is what our platform allows, for them to do that. in some ways, paymentus is all about customer choice. we want to be where our customers are, and we want to provide users the ability to pay bills whatever customers want to. emily: we will keep watching. thanks so

there was kind of the world before paypal and after paypal, everyone was afraid before, and everyone'said after but just for different reasons. everyone is wondering how can we offer this to customers, it's clear this is going mainstream everyone is looking for the way they can create a way to create community, and offer this asset class in a way they haven't done before, and at paxos, we're doing that by being the infrastructure, and we're helping to power paypal, but also it's amazing the number of firms that are coming and thinking about this in a strategic way. i think that's a real important shift. >> so one of the long standing skeptical takes has been that price volatility was going to be a long-term inhibitor to payments and as a mechanism of payment because the price was swirling all around. at this point, how do you read that as a risk factor in the coming years >> well, i think it's still not a payment mechanism. the reality is it's still very much about speculation, and about the fact that it may become gold. and as it becomes gold, and assuming that happens, the price begi

paypal does this and community bank and how long can they hold out? >> it always comes back to the data. >> right. >> everybody knows what everyone's doing at a bank and making transfer payments to coin base. >> over and over again. >> you are interested in crypto and the reason why it's big. >> all the banks will offer this except for the biggest ones? why? >> they have the greatest incumbency and trillions of dollars of asets, the most to lose if this thing goes sideways and the most risk averse and you have these community lenders and fighting for existence. so they have less to lose and more to gain and this is going to be a revenue generator. they decide the points. >> fascinating. >> i think it is ultimately going to filter over to the largest banks eventually. >> well said thank you so much. >>> let's hit a quick news alert on gamestop. from b-minus to "b" saying the equity offering should provide runway and also removing gme from ratings watch. >> it is $160 stock now. wasn't five months ago. >> you run up the stock price enough and you can sa

tom: why is paypal in there?ecause they allow their customers to deal in crypto, just as squared as. they have done a bit of investing in bitcoin, which may explain why the correlations lineup the way they do. tom: dave has a glorious bar chart of like 15 stocks here. did they all crater yesterday? dave: they certainly took their hits, no question. but paypal, since you mentioned it, actually fared relatively well. let me take a quick look at where it closed yesterday because it had actually made back its losses during the day, and indeed, up by 0.6%. so it is really a thought exercise in terms of all of these companies tied into crypto. where are the relationships? tom: lisa, come on it's a thought exercise. it must be bitcoin. lisa: it's more than just a thought exercise because it raises the question of how much correlation there is from bitcoin to the broader market. the idea that overstock is one of the more sensitive stocks, that is an online company that sells furniture, not what you would first think of.

they're going to swipe their visa they're going to pay via paypal. these are names you liked in the past do you continue to like them that the consumer is about to bust out like cicada brood x in the coming weeks? >> yeah, certainly with touching things when the whole pandemic, cash and currency have evolved paypal is a pullback here. i look at that as an opportunity it's almost in a bear market territory, i hate to say that, because you can see the chart, it'sa sustained chart but creates opportunity now that momentum is taken off. visa, mastercard, there are going to be innovators, i know there's disruptive technology out there but it's a few years away and the payment stocks are poised to take say reopening and trends that consumers make purchases. >> yeah, vegas in many ways sold out. you're going to swipe that card for the plane, casino, hotel, restaurant after you lose all of your money mark avallone, mark, a pleasure to have you on take care. >> good to be here, brian. >> take care >>> now, let's get to this morning's other top headlines. a sa

i think it is like paypal. you learned the new habits and new ways to spend. to the old ways. >> comments in the past 15 minutes or so, cpi and inflation trends aren't going to persist, the question is is the the mouse moving through the snake's body, the bulge in spending and inflation, do we get to the other side of that and go back to normal. >> to me, it is interesting you bring up the fed it is the government side of things that has been behind any mod couple of success that we have seen in the wake pandemic there are still a lot of things wrong, still a lot of people out of work. however when you have an economy that's 70% based on consumer spending in some way or another the government maybe got it right when it did the direct rounds of stimulus going back to the trump administration until now. it is what has been providing some of the i guess dry powder for many of the consumers to go out there and spend at all of these different locations despite the fact there have been lockdowns. certainly if the stimulus checks are still in play that's propelling t

as of the other ones, i'd stay away >> you say you could probably hide out include paypal and square,s about those two names because they are considered high valuation names. paypal 51 forward earnings and off 52% from its 52-week highs what about it says to you this is the stock where you can be in, in this environment? >> yeah, i don't think those are necessarily hiding stocks but i think what we saw in the most recent quarter of the reports that they are nice, indirect ways to play crypto. i know since elon musk was on "saturday night live" last weekend and the comments were following that, crypto has been in the swan dive the last couple sessions and it will return and these are nice ways to play. i think square is particularly attr attractive square is down 4%, 5% today and broken 200-day moving support and it could go down more. but square and paypal the processing companies i think will be good investments almost regardless of valuation. >> quickly, paul, if reopening is happening a bit quicker than some expect would the cdc, are there tech names thatt might benefit? >> i think

the only really overlap is vemno and cash app paypal is much more on the e commerce size.both. maybe you don't want your port fo folio be 8% but i think there's room for both in a portfolio >> okay. i hope we helped you out somewhat there brian erodk you for the questions, evyby. thanks for the answers we'll do final trades, next. plap what happens when we welcome change? we can make emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever. with app, cloud and anywhere workspace solutions, vmware helps companies navigate change. faster. vmware. welcome change. that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't..

first up paypal beating forecast pandemic driven shift to online shopping boosting payment volumes paypaling $285 billion in payments last quarter stock up 4.5%. stock number two, etsy revenue doubled in the first quarter. shares of etsy are down 10% because the company projecting sales growth to slow sharply this quarter and it is not providing guidance for the year. market doesn't like it etsy down 10%. stock number three uber a smaller first quarter loss it was helped by food deliveries made money selling off the automated car unit $600 million writeoff taken in the uk business. demand for the core business hailing a ride and getting in the car is still flat. uber stock down 3.5% ceo of uber is on this morning and the beermaker inbev. the first quarter results topping forecasts. everyone is drinking at home maker of budweiser and stella announcing the ceo will step down in july after 15 years on the job. really taking that company and building it into what it is today. inbev up 4.5% this morning >>> call this the solar flare out. shares of solar companies like sunrun have investors on

and our global settlement amount has surpassed paypal.e than what paypal is doing. our settlement amount is $10 billion which paypal is only $2 billion per day. i definitely have confidence in our industry. >> absolutely. people have been trying to eat into that confidence. the latest with the bank of japan governor. and on top of that, elon musk. all of these things must create a -- i suppose -- i suppose it might undermine confidence but it isn't, is it? >> i believe elon musk's concern about cryptocurrency is legitimate. there is a green solution for cryptocurrency. i have seen a loss of minors today. they have established an alliance to try to tackle this problem by using green energy rather than coal energy. at the same time, i think people have focused more eyes on pos, proof of stake versus proof of work. using bitcoin to try to reduce the carbon and energy by 99% and still keep the efficiency. for example, tron today, we use one of the most popular mechanisms and cryptocurrency. we reduce the energy consumption by 99% but also imp

and then paypal, a big run higher there but it is down to about 22% there overall. you take a look at some of the names that traders are focusing on, are there values that are coming in some of these mega cap tech names? they're specifically looking at places like apple, microsoft, amazon, tesla and others but still some of the other names like salesforce, paypal and qualcomm a key focus for sure, deirdre. >> thanks for that >>> coming up next, we have some funding news for master class this morning meantime, take a look at match group, down more than 3% this morning, the second biggest laggard on the ndx, down almost 10% on the year. we are back in just two minutes. y to meet the world's needs while creating a cleaner future for all. at chevron, we're lowering the carbon emissions intensity of our operations, investing in lower-carbon technologies, and exploring renewable fuels of the future. we work hard to care for the homes we love. but it's only human... to protect the one we share. >>> despite the sell-off in public tech companies, we have not seen any slowdow

the payment stock lower ahead of results after the bell and paypal off a massive beat.r ask >>> plus why workforce equality can be good for stocks an analyst is bullish on esg and may is asian-american and pacific islander heritage month. here's cnbc's dom chu ♪ >> my advice to the next generation is to be prepared and to be bold two old sayings resonated with me chance favor it is prepared mind and fortune favors the bold. so work hard be the best you can be and be ready to seize on opportunities when they present themselves build on the hard work and skens of those aapi members of the community that have come before you. - welcome to three brothers bakery. - we have cinnamon, apricot, and raspberry. - we have a location that has experienced four floods, a fire, a hurricane, and obviously now we're in the pandemic. this is during hurricane harvey. the water was like a river. - when you talk about nasdaq, people don't think about insurance or catastrophe risk but that's a product they offer. we have 12 companies that build these models. for example, we have fathom. they

another one i like is paypal i own it and square but paypal with great technicals right now. 260 it could really start to run and looking at $300. thank you both and a note, nbc universal and comcast venture are investors in acorp. cnbc has a strategic partnership. kelly? >> yes thank you. >>> after the break as restrictions lift and people hit the town lipstick sales are surging. will this provide a boost to makeup stocks? we'll talk about that next on "power lunch." >> and now the latest from trading nation.cnbc.com and a word from our sponsor. in the romo household we take things to the max oh yeah! honey, you still in bed? yep! bye! that's why we love skechers max cushioning footwear. they've maxed out the cushion for extreme comfort. it's like walking on clouds! big, comfy ones! oh yeah! >>> ulta beauty is set to report first quarter earnings after the bell one analyst bets as people take their masks off, they'll put their lipstick on. he has an outperform rating at a $360 price target on ulta. so you think consumers are going to go back to putting their face on, as the

if were not trusting a company like paypal or bank of america to keep our records how do we incentivize people to keep that record and how do we make sure people who are keeping that record are really invested in the systems themselves so that they're not going to create fraud . make transactions themselves. we do it in a consensus mechanism is the technical term, a way of getting everyone based on certain roles ofcomputation . the bitcoin consensus is what we call approval for consensus mechanism which means if you want to participate in this chair of maintaining the ledger of transaction, you want to build a free and open transaction tools, you need to prove to us that you spent some amount of energy in costly computation so you're solving like a difficult math problem that could only be solved by making a lot of effort using powerful computers to make more and more guesses but if you provide proof of that additional work, then you welcoming in. you don't need to get permission. you don't need to buy a special computing software. you just use pumping commonly available and you prove t

we are five times more than what paypal is doing. billion in paypal is only $2 billion per day. i have confidence in our industry. rishaad: absolutely in people have been trying to perhaps eat into the confidence, the latest with the bank of japan governor. let's not forget that financial institutions have been looking like they could change their mind about cryptocurrency. elon musk also very opaque as to what he has been up to. all of these things must create, i suppose -- sort of undermine confidence, but it isn't, is it? justin: yes, i believe the confidence in cryptocurrency is legit. cryptocurrency, there needs to be a solution cryptocurrency. a lot of miners today have established an alliance, trying to tackle this problem by using green energy rather than coal. at the same time, i think people are focused more on proof of stake rather than proof of work, currently using by bitcoin, trying to reduce the carbon and energy by 99% and still keep the efficiency. we use depots, the most popular mechanism in cryptocurrency, which we

it will have a variety of payment options including paypal, and then mow.take a cut of the cash.>> checking in with paul hagan right now. a lot of people are going to get out this weekend. there is a red flag warning and the need to watch it. >> just be careful, this is not the weekend to do any mowing because he did not want to mow something over and cause a spark. high-pressure taking over as this moves to the north. it will squeeze up against the storm system off to the northeast. that will change the wind direction to be offshore. and it is going to increase that windspeed as we head to the day tomorrow. it will be a gusty day. and also very dry. the offshore winter will drop the humidity level down from 5 to 10 %. this is the red flag warning that goes again into 11:00 tonight. i think they will have to expand it beyond that into monday and tuesday. across the bridge when we come to it over the weekend. so for the north bay mountains and really most of the east bay. everything from the east bay hills and further north will be tracking those conditions

some kinks in the system when it comes to paypal. tips on tipping next ♪ ♪ ♪ cisco.w up your venmo or cash app handle after going viral on twitter the social media site adding a tip jar feature by lets users send cash to their favorite creators from an icon in a user's profile payment options include band camp, cash out, venmo, and more. twitter is solely used third-party payment processors and won't be taking a cut. the service is only available to english language users who fall in the category of journalists, creator, expert or nonprofit, but plans are in the works to expand who has access. carl and jon, this is when it gets interesting in my view to have the same person, jack dorsey, the ceo of square and twitter. clearly he's been a pioneer in the payment space but letting his competition participate in this it makes me curious to see what the end goal of this is and will it end up benefitting both companies? >> it seems like they could have taken a little bit of a cut. it's not like twitter's swimming in revenue, carl but there's a hiccup that i saw on twitter,

>> paypal's and square's performance extraordinary last year this is what we do for a living early stageo try to make things become those big companies. once they succeed they get bigger than people realize i think it could be reasonable how they're valued. >> so what does it mean for the, the legacy guys? the big banks that we've heard from, jamie diamond this year saying probably needs more regulation >> jamie diamond is terrified by the fact he can't keep his best people the most talented people don't want to be in banks. not allows to the creative and do things. regulators nair life hard. al cool stuff and smartest people are leaving goldman and joining tiger and start-ups. financial capitalism sucked dry and destroyed by this government centralized regulatory system and all the smart people are fleeing and doing creative things jamie dimon, of course, wants to make it harder on those people to do innovative things, too not good for the country, to make those people not be able to do creative things, also, too. >> speaking of disruption. you've got a number of investments at abc in h

look at paypal, for example.la does it, and a few other companies as well, but i think the blockchain, the link to the blockchain is a much more easily identifiable use case. alix: i completely agree with that part. guy: because you can get into tokens. everything is transacted both. you can see what is -- is transactable. you can see what is happening on the ledger. it is not so obvious on bitcoin. alix: i know people who basically don't do anything but trade cryptocurrencies now. it's a living. what can you say? the virtual bloomberg wealth summit is going on right now. bloomberg's romaine bostick is speaking to coinbase's coo and president. let's listen here. >> there is certainly good reason to think that crypto has a place in some investors' port -- investors' portfolios. you need to have a medium to longer term time horizon for it. you need to be able to stomach some volatility along the way. crypto can be volatile. given that it is here to stay, we encourage investors to evaluate crypto like they would any

, for example, you can go on paypal and buy specific cryptocurrencies like bitcoin and others.imacy of getting access to it, but when when you have an influencer like elon musk, if he went and said i want to do #rosemarybitcoin service to it, you will have your own bitcoin, rosemary and everyone will be buying it. you will be like why is this worth anything and the question is i don't know. it's on a tweet that goes up and down the market and eventually to your point the real news will have to come into it. >> our thanks to ryan patel. >>> after ignoring their existence for years, more footage of unidentified flying objects from the u.s. government is becoming public. it's all leading up to the release next month of unclassified government reports on the phenomena. take a look. >> splashed. >> it splashed. >> the clip was taken on a u.s. navy ship off the coast of san diego and appears to show a flying object hovering over the water before splashing down to the water's surface. the footage was leaked online by a ufo enthusiast who says no wreckage was found and no craft was rec

our global settlement amount has surpassed paypal.are five times more than paypal is doing. right now our settlement amount is $10 billion, while paypal is only $2 billion, so i have confidence in our industry. >> absolutely, but people have perhaps been trying to eat into that confidence. the bank of japan governor, let's not forget other financial institutions, looking perhaps like they have been changing their minds on the cryptocurrencies. also, elon musk very opaque as to what he's been up to. do all of these things create a sort of undermined confidence? >> yes, definitely i believe elon musk's comments about the cryptocurrency is legit. i have definitely seen -- establish an alliance to try to tackle this problem by using green energy rather than cold energy. -- rather than coal energy. also, people are using proof of stake rather than proof of work currently used for bitcoin to try to reduce the carbon and energy by 99% and still keep the efficiency. for example, we use one of the most popular mechanisms in cryptocurrency, whi

joining us is president of commerce, bill ready, former coo of paypal and co of venmo and braintree.ill, good morning with an introduction like that, i do want to get these developments but with your extensive background, i have to ask you what you're making of the volatility in crypto currency and the sell-off that we're seeing this morning? >> i don't have anything to share on that specifically i think it's been interesting to see that it is a much wider range of choices in financial services and in the long term that's good for consumers but these things have uneven rises over time. >> but google pay has done integration into its platforms like gem my. you created venmo and at paypal when they were experiencing with it, broadly, not necessarily as it relates to google, but what do you make of this as a veteran in the payment space >> again, i think people are going to benefit as they have more and more choices. i think that's one of where a lot of innovation is happening, people benefit from more choices. we're bringing in more choices for consumers in the broader shopping ecosyst

find out when we ask paypal mafia member and now a firm ceo. plus, monster trucks, who doesn't love monster trucks? they're headed back to an arena near you. the entertainment ceo is here to tell us how he's driving live entertainment forward after the pandemic stuck his business in the mud and, yes, he's right there with the monitor trucks. and why siriusxm is hoping the a social media sensation's tiktok will turn teens on to satellite radio. a partnership is moving them to the upside. first, this fox business alert. okay, guys, if you needed any more proof of how powerful the word of goldman sachs is when it comes to just about all is segments of the market, here it is. take a look at ether. ether is spiking rather significantly here, it is jumping right at this moment far outpacing the recovery in bitcoin. "forbes" reporting at this hour that a leaked report by goldman sachs' global macro research department gives ether, the world's second largest crypto by market cap, a, quote with: high chance of overtaking bitcoin as the dominant store of

the feature supports a variety of payment options and links including paypal and venmo. twitter will not take a cut of the cash. >> huh. >> interesting. >> isn't it? >> huh. >> you deserve a tip. >> i do? >> yeah. i'm going to go to your account right now. going to hook you up. >> all right. >> that's it for kpix 5 news at noon. remember on 24/7 on cbsn bay area and streaming on ix.com. >> ha >> quinn: eric, i'm so thrilled you're back. how--how was your business trip? >> eric: it was fine. uh, what did i just walk in on here? >> quinn: oh, nothing. shauna and i, we were just catching up on some girl talk. >> eric: i heard what you were saying, that you wouldn't allow one evening to spoil our marriage. what does that mean? what happened while i was gone? ♪♪ >> brooke: the media blasts look great. i'm sure eye on fashion is gonna wanna sit down. >> flo: uh, katie already reserved a spot for hope. >> brooke: wonderful. well, thank you for updating me.

we saw the s&p 500 growth has big positions paypal tesla another hike find growth stocks dropped 2.2 percent. and per child pathway and others, they rose 1.4 percent. saloon we also saw signs of life in reopening trade with the s&p 500, it has big positions and things like royal caribbean cruises, gas storage and list of volatile stocks was up on the 2 percent. that seems an interesting side of them may be investors are heading in that direction. jack: so what is moving this, this is the great rotation that we've been talking about for a long time. >> i think it was a bit of a pause there as we saw things like yields pull back a little bit and we got signs that maybe that has changed, biden wants to spend more raise taxes. but that probably some point happen and they did nothing and we have the gdp report that it was really, 6.4 percent. still managed to miss the estimate. i think but we are sing here's maybe goldilocks coming back and it's going to be a good strong economy but not going to be so strong anytime soon. >> cement they want to hear from you about these incredible numbers

actually, if you have paypal and transfer money using paypal -- i haven't tried it i set it up to sees. i didn't try to move money to somebody else or have people move money to me i guess they could >> just bitcoin? >> i guess they could. >> i want to try the new ones. >> i think you can send crypto >> send one. dig digibite safemoon is that any good >> during the commercial break, set up the venmo account and i will tip you do you believe that? >> he thinks i have a venmo account. i'm still on myspace i have my walkman on i can't hear what people are telling me to do no, andrew >> if the audience can tip me. i can printout the money and bring it to joe. how about that >> that's an idea. i want it in safemoon. >> can people tell if there is no money in your tip jar >> i don't know. we'll see. maybe i'll get a tip who knows? i don't know how this works. >> i don't believe you. >> here's a tip. don't hold your breath >>> all right. >> look it up. >> when we come back -- >> i got 5,000 >> i'm going to look it up when we come back, jamie dimon sounding off on bitcoin. >>> as we head to br

the feature supports a variety of payment options and links including paypal and venmo.ill not take a cut of the cash. the social media site says it will be available first to select creators and nonprofits. i guess this is an online -- don't forget to tip your waitress on the way out. >> yeah. totally. i have a name for it. i'm going to call it a twip. #twip, start a trend. >> let's do it. >> diane king hall in new york, thank you so much. >> you got it. >>> up next, beating the heat. a favorite at the oregon zoo takes a relaxing soak. ♪ you don't become a runner, who breaks eight world records... after age 65, without a serious support system. kathy martin has one in medicare from blue cross blue shield. she won't go a day without the right card. because she can't go a day without running. the medicare coverage trusted by more doctors. this is the benefit of blue. learn more at benefitofblue.com. for people living with h-i-v, keep being you. and ask your doctor about biktarvy. biktarvy is a complete, one-pill, once-a-day treatment used for h-i-v in certain adults. it's

not have grown so quickly not convinced well you know some examples online payment systems without paypal and size the payment would be a simple and secure as it is today online streaming without with streaming software developed for pornography sites media platforms will struggle to deliver news clips online advertising without advertising from sec size many free internet services wouldn't exist and now we are even in the development of sex toys experiments are being made with virtual reality and for once the products on offer are not mainly targeted at map we are. dealing with this exclamation of surprise is from an ad by dutch sex toy manufacturer the company offers a vibrator that can be linked to v.r. glasses by an apple special vibrations which correspond to what's happening in the film or transmitted by the gadget. of course there are similar products for men to for example virtual made a device for men that works with. b.-r. and real time sensors and promises a realistic erotic experience. such devices can also be linked using apps and controlled remotely my someone's partner poss

. >>> paypal posting the strongest first quarter on record.casts in the shift to online shopping boosted payment volumes. $285 billion in payments in the quarter. that stock is up 4%. etsy shares are plunging the company's first quarter earnings of $1 per share beat estimates. revenue was better the company warned the value of goods sold on the site is part of the deceleration in ecommerce as we reopen programming note the ceo of etsy will be on "mad money" tonight. >>> our next guest says she expects the leg higher in the value of opening trade we have the portfolio manager and senior u.s. strategist mona, good morning the wquestion i ask and you thik it is still a leg higher when you think out 6 or 12 months from now, you think economic growth is going to be slower than it is right now. whether that is already baked into the market. >> absolutely. the markets tend to be forward looking 6 to 12 months out we have seen that since march last year with s&p up 70% off march lows. now we're starting to see really robust numbers coming out of econo

looking at, i mean, once the bucket to be promoted as a sustainable alternative would, plastic and even paypal. he has already partnered with local artists to further explore the renewable material, doreen no matter what buck close gown is now finished. she hopes for more visibility for this african heritage and its role in protecting the environment. another tradition that best of luck, centuries is month making. those visa, representation of cities on countries help, helped us navigate the was not only that most useful for planning, municipal services like utility and waste management. that's right. sondra. what. how does that work in an informal setting without a detailed period? it can be hard to set up. services, making life for residential, pleasant and healthy. coming up is not enough at the solution. the rate that i hear from that is easily be applied here in africa. oh, cool. apple in western india home to nearly 4000000 people. like most indian cities, many inhabitants live in flubs. how puzzled settlements? usually excluded from open planning policies and difficult to navigate until

paypal after months out of school and watching adults get the vaccine now, kids 12 to 17 years old areeligible to receive the covid vaccinations. we jumped at the opportunity families in berkeley rushing to get the shot the first day it's available. i'm on a text read today with all of the parents from her soccer team. they're all 12 and 13 years old and everybody's trading information about where to get the vaccine because everyone's so their chin vaccinated. take a deep breath for me, health authorities in berkeley, saying they've been preparing all week for the day that young people could get the shot and say they've seen a sudden rush that rush coming just as vaccinations were slowing, as many of those who wanted to get the shots have already received them. well, you managed to vaccinate well over 50% of our population fairly quickly, and now the work really begins to really bring in folks who you know, are just waiting. berkeley wasn't alone. families also lined up across the bay at san francisco international airport. don't have to really worry about covid anymore, and it's getti

if we are not trusting a company like paypal to keep that record, how do we incentivize people on thenternet to keep that record? how do we make sure people who are keeping that record are invested in the system this self -- themselves so they will not make fake trances -- transfers to themselves to enrich themselves? we have a way of getting everyone to agree, based on certain rules and computations. the bitcoin consensus mechanism is a proof of work consensus mechanism. if you want to participate in this shared effort of maintaining the ledger of transaction and build this free and open transaction tool of the future, you need to prove to us that you have spent some amount of energy in costly computations. that you are solving a difficult problem that can only be solved by making a lot of guesses, using powerful computers to make more and more guesses. if you provide proof of that computational work, you are welcome into the group. you don't need to get permission from anyone or by special computing software or hardware, you use something that is available off-the-shelf and prove yo

demand and supply and we see that there is a huge demand so it ted with your research what kind of paypal these fakes to fit because what's the demographic what's the age group where they from generally around the world so this is this is like operated on the documents we cannot understand exactly this information we don't have this private information because all the communication is encrypted now when her since we started this their research we what we do europe and on security and we've been driving companies and we started to see that there is a big traffic and according to the u.k. police so you saw the demographic. distribution deliver about it it's usually broken for is that people who want to move on or try to access to. know the you know the $1000000.00 question how do you stop this to begin with it. it's a way of our yes in my opinion. you need to as long as the way since we started to see blast year we started to push it and provided evidence and discussion and your . announce and on security and it was like and around the world we are urging people to really understand that th

that israel is doing everything it can to avoid civilian casualties and blaming the mass for using paypal as human shields netanyahu added he sees no clear end in sight to the violence meanwhile armed groups in guards there including hamas continue to target israel with rockets with the southern city of ashkelon a recent focus their synagogue all the damage to numerous cars were destroyed no casualties were reported and in east jerusalem a palestinian rammed his car into israeli police on sunday injuring 6 officers the driver was immediately shot dead after what police call that it is a deliberate attack later praised the driver. our correspondent porus lee spoke to a former i.d.f. officer about his experiences in garza more generally and the current tensions. when i'm seeing what's happening now in the gaza border it's killing me from the inside because you know i'm thinking. about what i read through and about the friends i lost fighting for this country for our robes and jews in the same way. i'm asking myself sometimes if it will all to last part of your hands to the last part of your

credit cards, debit cards, paypal or bank transfers. they're all just pluses and minuses, indifferent, digital ledgers. that's why there's almost no need for physical money in our daily lives. during the financial crisis in 2008, a mysterious figure called photoshoot, a modal published this 9 page white paper. it said with big current open source software. we can create or money without banks or governments. i this new nerd money called crypto currency is created and thought in computers. and before long there was a growing fan club, mostly guys like roger via today. he's a polarizing figure, but back then he gave away thousands of coins to kickstart the movement, and they all called him bitcoin jesus. i think that for many years he brought more people to be going than anyone ends and we will for re grateful to him for doing that. when i was a kid, i was reading all these science fiction books. they were talking about how the world is going to be when we have this miss digital cache that people can use on the internet, it's not control

would not have grown so quickly not convinced well yes some examples online payment systems without paypal onsides the payment would be a simple and secure as it is today online streaming without with streaming software developed for pornography sites media platforms would struggle to deliver news clips online advertising without advertising from sec size many free internet services wouldn't exist and now we are even in the development of sex toys experiments are being made with virtual reality and for once the products on offer are not mainly targeted at unmet we are what. this exclamation of surprise is from an ad by dutch sex toy manufacturer a key role for the company offers a vibrator that can be lent to v.r. glasses by an apple special vibrations which correspond to was happening in the film or transmitted by the gadget. of course there are similar products for men to for example virtual made a device for men that works with. we are and real time sensors and promises a realistic erotic experience. such devices can also be linked using apps and controlled remotely by someone's partner

in its production it also claimed that one of the components of sputnik they might pose a risk to paypal we immunity well the vaccines developers hit back at all of this and says that the decision to delay approval was political and had nothing to do with signs of gamma less center says it's a. cleaning and filtration system does make sure the job is highly purified and that existing quality controls do guarantee no harmful components exist in sputnik 3 and also claims to its product is almost 98 percent effective brazilian governor again wellington diaz does say though it may be possible to use legal means to force through the approval of the jap. how long this bureaucratic process has dragged on is a matter of big concern actually at the level of the brazilian states there are at least 2 plans the 1st is to us the russian manufacturer the camel a institute the russian direct investment fund the russian ministry of health as well as of a country such as argentina mexico and others that already have experience using this vaccine to provide them visa the brazilian regulator of complete in

nearly half of our patients have paypal from other areas who have a move here our hospital plays an important strategic role for the whole rage and obey that his you know. because investment in quality of life appears to be paying off his free admission. at the new cinema. renting a bike and taking the bus are both free of charge. there are fishy routes to choose from. so how can the town the food at all the answer lies deep beneath the ocean. the brazilian government troels the oil here and pays the town $150000000.00 euros each year for the privilege. to turn then invests that money straight back into the local people's standard of living. in a. way doing well here i love mari the mare is wonderful. the workers' party may have won 90 percent of the vote in the last elections he credits his socialist policies for the town's resilience during the pandemic. unlike the rest of brazil has developed unusually well we've even managed to create more jobs subject to statutory welfare contributions during the pandemic. that's due to the many emergency programs we've established. with programs. as wel

paypal beating estimates. also seeing some stocks to the downside. the forecast not meet analyst expectations. you did see good news out of uber, beating estimates, strong delivery growth. that earnings call is going on, maybe they can reverse course. emily: bloomberg's kriti gupta. i want to dig deeper into over's results with angelo. give us the highlights as they stand out to you. we know demand is picking up but over and but dark having trouble eating with supply. angelo: in terms of uber and the results, we had an indication of what numbers were going to look like. on both ends, in terms of the booking side of things, i think what caused the stock to turn around and turned negative is they did provide some guidance into the second quarter. essentially, highlighted the tight supply situation on the mobility side on the mobility. before it is uncertain to the trajectory how the delivery side plays out once the pandemic ends. that being said, the results are very good. emily: what are your expectations? for food delivery as we come out of the pande