PayPal's former president slams the company, says it's lost its 'mojo' and 'ability to compete' [Business Insider]
HP Inc. (HPQ)
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in PayPal's former president slammed the company for repeating mistakes and losing its "mojo." David Marcus said on X that PayPal was repeating leadership mistakes that had cost the company its edge. PayPal announced that HP's CEO, Enrique Lores, would be joining it as its new chief executive. PayPal's former president, David Marcus , raised concerns about the fintech giant, saying it's "lost its mojo." In a long post on X, Marcus spoke about several flaws in PayPal, a San Jose-based fintech giant, across its history. Marcus left PayPal in 2014 and has since worked at Coinbase and Meta. He has also founded a payments company, Lightspark, where he is now CEO. He said he had woken up to messages from former PayPal colleagues, which pushed him to "finally speak up." During its latest earnings call on Tuesday, where it reported profit and sale
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HPQ
News
- OpenAI debuts Frontier platform for AI agents, sending software stocks lower [Yahoo! Finance Canada]Yahoo! Finance Canada
- PayPal Poaches HP's CEO in Rare Tech Leadership Raid – What HP Knows That We Don't [Yahoo! Finance]Yahoo! Finance
- PayPal Leadership Shake-Up - Former HP Exec Hired As New CEO [Yahoo! Finance]Yahoo! Finance
- With PayPal stock down 80%, finance chief Jamie Miller steps in as interim CEO [Yahoo! Finance]Yahoo! Finance
- PayPal Just Posted Its Worst Quarter Yet, But Now It May Be At Rock Bottom (Rating Upgrade) [Seeking Alpha]Seeking Alpha
HPQ
Earnings
- 11/25/25 - Beat
HPQ
Sec Filings
- 2/5/26 - Form 4
- 2/5/26 - Form 4
- 2/3/26 - Form 8-K
- HPQ's page on the SEC website