EBay's PayPal plan is first major salvo in payment warsUSA TODAYOn the surface, eBay's EBAY plan next year to spin off its fast-growing payments business appears to be a concession to activist investor Carl Icahn and his argument for a leaner company better equipped to compete in the competitive mobile-payments … More: continued here
Federal appeals court to mull guns in post officesMiamiHerald.comA three-judge panel of the 10th U.S. Circuit Court of Appeals is set to hear the case involving Tab Bonidy, a licensed gun owner who, along with the National Association for Gun Rights, sued the Postal Service in 2010 over its ban on guns in post offices.and…
The Verge PayPal broke up with eBay so it could take on AppleThe VergeNews broke this morning that PayPal will spin off from eBay into a separate publicly traded company, ending a 12-year union between the online merchant and the payments processor. At the most basic level this creates two simpler, more focused companies … More:…
Federal Appeals Court to Mull Guns in Post OfficesABC NewsBonidy said the post office in Avon, a small town near Colorado's Vail and Beaver Creek ski resorts, violated his Second Amendment rights by refusing to let him carry his concealed handgun into the building when he picks up his mail. The post office…and more » More:…
BBC News 'Humberside' removed from Royal Mail address listsBBC NewsRoyal Mail has removed "Humberside" from its address lists following a campaign by an East Yorkshire MP, 18 years after the county was abolished. Humberside was set up in 1974 but replaced with four councils in 1996. Graham Stuart, MP for Beverley and …Royal Mail removes Humberside…
The news-flow surrounding the mail and parcel delivery sector of late has been quite negative, and merits marking down forecasts for Royal Mail, but the headwinds facing the company are baked into the price already, UBS thinks. More: continued here
EBay announced yesterday that it's spinning off the PayPal payment-services business from its online marketplaces to unlock value at a $70 billion company whose valuation has been sagging lately. The move may make either half of the San Jose, California-based company a target as industry acquirers from Alibaba Group Holding Ltd. (BABA) to Google Inc….
On Tuesday, eBay announced that it would spin off its PayPal subsidiary by next year, splitting its marketplace from its lucrative payments arm to better realize different core businesses. While the separation puts an end to months of speculation and in-house fighting, eBay's decision to give in to Carl Icahn's rabble-rousing begets more questions, namely, what should…
Royal Mail removes the term Humberside from its address lists after an MP's campaign. More: continued here
A BILL pushing for the printing of tourist destinations in the country on postage stamps issued by the Philippine Postal Corporation has been approved on second reading in the House of Representatives. More: continued here