April 29 : PayPal said on Wednesday it would reorganize its business into three operating units, including a separate Venmo-focused division, as new CEO Enrique Lores simplifies the payments provider and sharpens its focus on growth. The move to make Venmo a standalone segment will make it easier to track its performance or potentially sell the business, CNBC reported earlier on Wednesday. "To accelerate growth and unlock our full potential, we need to recommit to our fundamentals," Lores said