News Brief

PayPal has hired Rakesh “Rocky” Agrawal as a director of strategy, the company announced on Tuesday. Agrawal has worked as a consultant in payments, commerce and local categories. “Part of my role at PayPal will be to help small businesses and entrepreneurs understand online commerce and payments. … That process also goes in the other direction: continuing to educate PayPal on the needs of those merchants and entrepreneurs,” he said in a blog post.