BABA Stock – Should Alibaba Buy eBay?Investorplace.comOn Tuesday, investors learned that eBay will finally spin off PayPal, its mobile payment arm, sometime in 2015. The split will separate the legacy auction and e-commerce company from the fast-moving PayPal segment. Without the attractive mobile …and more » More: continued here
Don't Shut the Post Office, Expand Their ServicesWHAV NewsYet, the Postal Board of Governors, which includes corporate interests that would profit by killing the public service, seems intent on – guess what? – killing it. The board's only “idea” is to cut services and shut down hundreds of local post offices…Bread, bills and junk mail?…
News & Observer PayPal goes mobile, to split from eBay in 2015News & ObserverFILE – In this Wednesday, Feb. 27, 2013, file photo, attendees walk in front of an EBay and PayPal display area at the Mobile World Congress, the world's largest mobile phone trade show, in Barcelona, Spain. PayPal is splitting from EBay Inc….
EBay's about-face to split its PayPal and marketplace businesses likely makes each of them acquistion targets, analysts tell CNBC. More: continued here
Ed Goldman: Strapped for cash, the U.S. Post Office takes on part-time jobSacramento Business Journal (blog)The news comes less than two months after I wrote that the post office was already working as a subcontractor, delivering an average of 2.2 million packages a day for Fed-Ex (about 30 percent of Fed-Ex's total ground shipments), and…
eBay (EBAY) shares are higher after the company announced it will split with PayPal sometime next year. After the split the two will trade as entirely separate companies, bringing to fruition a plan very much like the one laid out by shareholder activist Carl Icahn 9 months ago. More: continued here
New York (AFP) – US online auction giant eBay announced plans Tuesday to spin off PayPal, a move designed to help the unit compete better in the fast-moving online payments segment. More: continued here
Wall Street Journal EBay Reverses Course, Decides to Spin Off PayPalWall Street Journal"For more than a decade, eBay and PayPal have mutually benefited from being part of one company, creating substantial shareholder value," eBay Chief Executive John Donahoe said. "However, a thorough strategic review with our board shows that keeping …Ebay To Break Up With PayPal,…
Re/code (blog) What the eBay Split Means for PayPalRe/code (blog)One big concern before eBay's decision to spin off PayPal was that eBay wouldn't be able to find a top replacement for former PayPal President David Marcus, without a guarantee of eventual independence for the company. The company today announced … More: continued here
Yorkshire Post Red letter day as Royal Mail admits Humberside doesn't existYorkshire PostHe said: “I spent years battling Royal Mail behind the scenes, coming to grips with why they couldn't simply remove the outdated county names from the data they sell to their customers. My conclusion was that they could do so easily. They countered…