Just listening to what my kids say (they are in their 30's...Much more savvy than me), PayPal is dealing with Apple Pay and having to clean up a lot of fraud from criminal activity. Both were a concern to them...
I owned it from the eBay spin-off until about Feb 2022. I think when eBay decided to replace PayPal with Adyen, they never fully recovered. That was a huge business for them.
What are you talking about? PayPal is still a method of payment on eBay.com. I just bought something from eBay a month ago and paid with Paypal. Are we talking about the same eBay??
I REALLY don't see the merit of using Apple Pay over PayPal. Apple Pay is very much tailored to apple devices so if you don't use them there is no incentive for you to use Apple Pay. PayPal, on the other hand is for everybody and it's international, working with more foreign currencies around the world than any other services. And it's accepted by more merchants than any other payment services simply because it's used by the most amount of people. You see the Paypal logo more often than any other "pay" logos for a reason. To me, Apple Pay to Paypal is like Disney+ to NetFlix. I tried both and canceled Disney+ cuz it's only catering to a very limited audience segment whereas NetFlix is for everybody. That's my take.
I think he was just too pissed at how Twitter was run, letting a kid track where he flies but yet banning him and others when they want to talk about something that's deemed "inappropriate". And he's eager to prove to everybody that he can run better. That's the only explanation that I can think of. In the end, Elon's right. Twitter sucks but nobody is able to or willing to do something about it. He's both able and willing so he's doing something about it.