David Marcus, who has led eBay Inc's fast-growing payments unit PayPal for the past two years, will step down this month to run Facebook Inc's messaging products, the companies announced on Monday.
Tags: Paypal
Silicon Valley giant Hewlett-Packard to split in two: WSJ
Silicon Valley stalwart Hewlett-Packard Co, which has struggled to adapt to the new era of mobile and online computing, plans to split into two companies as it looks to put more focus on the faster-growing corporate services market, according to a Wall Street Journal report on Sunday.
HP sees low-power servers making inroads in niche data centers
Hewlett-Packard Co's vice president of server engineering expects new lower-power servers made with technology from ARM Holdings to make inroads in niche data centers over the next year in a market dominated by Intel Corp.
PayPal spawn have advanced where PayPal stood still
PayPal's biggest threat as it prepares to split from eBay (EBAY.O) next year may come from former employees who back a crop of new businesses serving shoppers who increasingly prefer to pay with mobile phones rather than personal computers.
EBay follows Icahn's advice, plans PayPal spinoff in 2015
EBay Inc's agreement on Tuesday to spin off PayPal next year will give the unit more flexibility to strike deals in the rapidly evolving payments space as growth at the company's traditional e-commerce business slows.
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Brazilian football Phenomenon Neymar da Silva Santos Júnior teams up with Paypal and Waves of Water to provide clean, accessible water to communities in Brazil.
San Jose, US-based payments giant PayPal fired Rakesh "Rocky" Agrawal as its vice president (VP) of strategy this weekend after releasing some insulting words about his colleagues on the social network Twitter.
IBM has decided to throw all its cloud infrastructure tools into one marketplace following the likes of Amazon, Google, Microsoft's Office 365, Salesforce.com, Rackspace, HP and Oracle.
US-based online auction giant eBay has not embraced the trading of virtual currencies such as bitcoin and dogecoin in its sales site along with an update to its Currency Policy.
Despite significant increases in its use as a payment system and attention in the marketplace, Bitcoin is small relative to both traditional payment processors and global currencies, according to a Fitch Ratings Why Forum commentary published today.
Auckland, New Zealand-based point-of-sale software provider Vend pocketed $20 million in a funding round led by Valar Ventures and Square Peg Capital to expand to North America and Europe.
Hermosa Beach, US-based payments firm Oink found a way to let parents monitor and control their kids' in-app purchases by linking a credit card to their accounts and letting them set a purchase limit for a specified length of time.
Activist investor Carl Icahn has suggested a partial spinoff of payments platform PayPal from eBay. This time, he is suggesting a 20% IPO of PayPal, VentureBeat reported.
In an effort to iron out the differences they have with the crowdfunding community, payments platform PayPal has implemented changes on their crowdfunding policies, VentureBeat reported.
