Enrique Lores will head up PayPal after spending over six years as the president and CEO of HP, according to an announcement on Tuesday. Lores is taking over for Alex Chriss, who became the CEO of PayPal in 2023 as part of the company’s push into crypto.
[PayPal Investor Relations]
The luxury EV made Tesla the world’s most interesting car company — for a while.
I used to compare Elon Musk to an old boss of mine who would spin up a company division every time he found a new hobby, but this might be just as apt:
ElectricOrchestra613:
Elon Musk’s constant new ventures and subsequent mergers just feels like the corporate equivalent of creating a new email every time you want to sign up for a free trial.
Get the day’s best comment and more in my free newsletter, The Verge Daily.
Key privacy settings and best practices.
The Paris Prosecutor’s office announced that it’s abandoning X after French police raided the offices of Elon Musk’s social media network on Tuesday, part of a year-long investigation into whether X’s algorithm was used to interfere in French politics. Here’s a machine translation of its departing post:
“A search is being carried out at the French premises of X by the cybercrime unit of the Paris public prosecutor’s office, together with @CyberGEND and @Europol, as part of the investigation opened in January 2025. The Paris public prosecutor’s office is leaving X. Find us on Lkd and Insta.”
DOJ documents released last week contain a $3 million funding request from roboticist David Hanson to build an “attractive female android,” complete with a “working gorgeous robot face and body.” The proposal includes a rough sketch of the “gynoid,” noting “the final design will be done collaboratively with you.”
The acquisition includes “substantially all” of Lumen’s consumer fiber business, according to AT&T’s announcement. The company says it will add more than 1 million fiber customers across Denver, Seattle, Salt Lake City, and other cities as a result of the acquisition.
