PayPal is reportedly preparing for potential activist investor actions or hostile takeovers, according to sources speaking with Semafor. The payment processing giant is not currently engaged in any sale negotiations with Stripe or other entities. This defensive strategy has been in development for several months, initiated during the tenure of former CEO Alex Chriss, who departed earlier this year. The company's management expressed concerns about its vulnerability following a significant drop in its stock price. The new CEO, Enrique Lores, is set to officially assume his role next week. #crypto #blockchain #news