Tag Archives: PayPal

Screenshots show Facebook may use Messenger to compete with PayPal and Venmo

It now seems all but certain that Facebook will introduce its own payment service and bring the fight to companies like Paypal and Venmo. A¬†TechCrunch tipster has released screenshots and video of a new payment platform that's secretly built into … Continue reading

Posted in Technology | Tagged , , , , , , | Leave a comment

PayPal spawn have advanced where PayPal stood still

By Sarah McBride and Deepa Seetharaman SAN FRANCISCO (Reuters) – PayPal's biggest threat as it prepares to split from eBay next year may come from former employees who back a crop of new businesses serving shoppers who increasingly prefer to … Continue reading

Posted in Technology | Tagged , , , , | Leave a comment

Ebay defends spin-off plan for PayPal

Move follows pressure from activist investor Carl Icahn Asia homepage

Posted in Business | Tagged , , , , | Leave a comment

Ebay defends spin-off plan for PayPal

Move follows pressure from activist investor Carl Icahn Asia homepage

Posted in Business | Tagged , , , , | Leave a comment

EBay to spin off PayPal

(Reuters) – EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company. EBay Chief Executive John Donahoe had resisted demands by … Continue reading

Posted in Technology | Tagged , , | Leave a comment

EBay considering spinning off Paypal: report

(Reuters) – EBay Inc is considering spinning out its fast-growing payments unit PayPal as soon as next year, news website The Information reported, citing sources. EBay shares were up 5 percent at $ 56.08 on the Nasdaq. The company has … Continue reading

Posted in Technology | Tagged , , , , | Leave a comment

PayPal helps eBay revenue jump 13 percent despite worsening competition

EBay Inc posted a 13 percent rise in quarterly revenue, as better-than-expected results from its fast-growing PayPal division helped to overcome increasing competition from Amazon.com Inc and a well-publicized cyber-attack that exposed customers' data. Ebay's stock has fallen more than … Continue reading

Posted in Technology | Tagged , , , , , , , , | Leave a comment

Carl Icahn retreats in his battle with eBay, now asking for only a partial PayPal IPO

Activist investor¬†Carl Icahn has been engaged in a contentious battle with eBay for the past two months. After buying up a small but significant stake in the e-commerce giant, Icahn launched a campaign to have eBay spin off Paypal into … Continue reading

Posted in Technology | Tagged , , , , , , , , | Leave a comment

Icahn calls on eBay to sell 20 percent of PayPal in an IPO

(Reuters) – Activist investor Carl Icahn on Wednesday called on eBay Inc to sell 20 percent of its PayPal payments unit in an initial public offering. Selling the stake would allow for the benefits of a stand-alone PayPal and maintain … Continue reading

Posted in Technology | Tagged , , , , , | Leave a comment

Icahn calls on eBay to sell 20 percent of PayPal in an IPO

(Reuters) – Activist investor Carl Icahn on Wednesday called on eBay Inc to sell 20 percent of its PayPal payments unit in an initial public offering. Selling the stake would allow for the benefits of a stand-alone PayPal and maintain … Continue reading

Posted in Technology | Tagged , , , , , | Leave a comment