CIO Today EBay To Split Off Lucrative PayPal BusinessCIO TodayThe move comes after months of pressure from activist investor and billionaire Carl Icahn, who has a 2.5 percent stake in eBay, according to FactSet. EBay CEO John Donahoe had been adamant that splitting off PayPal was the wrong move for the company. More: continued here
Ebay and PayPal called it quits this week and Netflix teamed up with funny man Adam Sandler for four original movies – this is your tech rewind of the week. More: continued here
Why did PayPal sell to eBay? This question was originally answered on Quora. More: continued here
EBay To Split Off Lucrative PayPal BusinessNewsFactor NetworkThe move comes after months of pressure from activist investor and billionaire Carl Icahn, who has a 2.5 percent stake in eBay, according to FactSet. EBay CEO John Donahoe had been adamant that splitting off PayPal was the wrong move for the company. More: continued here
Inside eBay, Decide.com Team Leads Seller Insights, Startup OutreachXconomyThe team of data mining and machine learning experts—many of whom also built and ran airfare price predictor Farecast, acquired in 2008 by Microsoft—has been working on new services to help eBay sellers tune their pricing to maximize sales. They're … More: continued here
Forbes The Real Reasons PayPal Sold To EbayForbeseBay transactions generated two-thirds of PayPal's payment volume at the time of the acquisition. The off-eBay volume was growing faster, but would still require many years to overtake the on-eBay volume. Also, much of the off-eBay volume was acquired …Dealpolitik: EBay, PayPal Takeover Talk May Be PrematureWall Street Journal…
Wall Street Journal (blog) Dealpolitik: EBay, PayPal Takeover Talk May Be PrematureWall Street Journal (blog)First, eBay could implement much stronger takeover protections for PayPal than eBay currently has: eBay will be able to write the corporate charter of PayPal before a spinoff is completed and can include anti-takeover protections that would not be … More:…
PaymentsSource How PayPal Outgrew eBayPaymentsSourceEBay and PayPal were once rivals, but in 2002 they joined to become a single company. Since then, PayPal has worked to move beyond the confines of its parent's online auction site. It is now well prepared for its planned spinoff. (Image: Bloomberg News). More: continued here
Businessweek Company News: EBay, PayPal, Netflix, Ford, PepsiCo, ZalandoBusinessweekEBay (EBAY) said it would spin off PayPal by the end of 2015, as a handful of new electronic payment offerings vie for U.S. consumers. The decision is a validation of sorts for activist investor Carl Icahn, who's been lobbying for the split for the … More:…
five reasons behind PayPal's split from eBayTelegraph.co.ukEBay is to split in two, carving PayPal, the electronic payments arm it bought in 2001, off from the main online auction business. The move marks a dramatic U-turn for the company, whose chief executive, John Donahoe, spent months insisting that eBay… More: continued here