Instacart to pay $60 million in FTC settlement

Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart will pay $60 million to settle allegations by the Federal Trade Commission that it misled users with false advertising and deployed “unlawful subscription enrollment” practices. The federal agency alleged that Instacart used deceptive tactics in its subscription sign-up and “satisfaction guarantee” advertising that caused…

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PayPal might not be looking to sell itself, report

PayPal may not be attempting a takeover, Semaphore reportedCiting people familiar with the matter. Earlier this week, Bloomberg reported that Stripe expressed interest Buying some or all of PayPal’s holdings, including core products PayPal and its services, as well as other companies such as Venmo. Stripe declined to comment for this story. But unnamed sources…

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