Photo: Miguel Candela/SOPA Images/LightRocket via Getty Images

Although it's now just one part of PayPal, the once independent payment processor Braintree continues to see strong growth, with revenue up 54% in 2017.

By the numbers: The company is now handling more than 6 billion transactions a year, with more than $500 billion in payment volume handled since PayPal acquired it five years ago.

  • That is a "pretty good growth story on a pretty good base,” general manager Juan Benitez told Axios.

Why it matters: Having split from eBay, PayPal is under pressure to find new markets on its own. Units like Braintree and Venmo are key to that growth.

  • The unit now has 650 employees, up from 200 five years ago, and the latter figure also included Venmo, which is now counted separately.
  • Braintree accepted Bitcoin for a while, but stopped two years ago. "We just did not see a merchant demand for it," Benitez said.

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Hollywood's international game of chicken

Illustration: Eniola Odetunde/Axios

If all goes to plan, Christopher Nolan's thrice-delayed "Tenet" will be the first blockbuster to receive a proper worldwide theatrical release amid the coronavirus pandemic at the end of this month.

Why it matters: It'll be playing a $200 million game of chicken, hoping to prove that people across the globe are still willing to trek to theaters to see a splashy new movie.

Updated 19 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 5:30 p.m. ET: 18,160,139 — Total deaths: 690,724 — Total recoveries — 10,755,137Map.
  2. U.S.: Total confirmed cases as of 5:30 p.m. ET: 4,698,244 — Total deaths: 155,191 — Total recoveries: 1,468,689 — Total tests: 56,812,162Map.
  3. Politics: White House will require staff to undergo randomized coronavirus testing — Pelosi says Birx "enabled" Trump on misinformation.
  4. Business: Virtual school is another setback for retail — The pandemic hasn't hampered health care.
  5. Sports: 13 members of St. Louis Cardinals test positive, prompting MLB to cancel Tigers series — Former FDA chief says MLB outbreaks should be warning sign for schools.
2 hours ago - Sports

13 members of St. Louis Cardinals test positive for coronavirus

Photo: Hannah Foslien/Getty Images

Seven players and six staff members from the St. Louis Cardinals have tested positive for the coronavirus over the past week, prompting the MLB to postpone the team's upcoming four-game series against the Detroit Tigers.

Why it matters: Seven consecutive Cardinals games have now been canceled after St. Louis became the second team to report a significant coronavirus outbreak, just two weeks into the season.