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THE DAILY INDEX

Technology, AI, software, security, crypto and business

PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

PAYPAL POPS NEARLY 7% ON REPORT FINTECH STARTUP STRIPE IS WEIGHING AN ACQUISITION

Stripe is reportedly considering buying all or some segments of PayPal's business. PayPal has struggled with growth in an increasingly competitive financial payments industry. Meanwhile, Stripe hit a $159 billion valuation on Tuesday, up from $91.5 billion a year ago. Stripe's co-founder and president, John Collison, said that the company isn't yet aiming for an IPO as that would sidetrack its current product and business growth.

TECH FIRMS AREN'T JUST ENCOURAGING THEIR WORKERS TO USE AI. THEY'RE ENFORCING IT

Some tech firms have started tracking their workers' use of AI tools with an eye on productivity gains, and in certain cases, factoring it into performance reviews. There are jobs that aren't even considering candidates unless they demonstrate AI fluency. AI adoption hasn't been easy, as tech workers have many of the same feelings about AI as the broader population, including skepticism about how much time it is actually saving them. There's also the added anxiety about adopting a technology that will cause them to eventually lose their jobs.

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