ebay

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 …

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 …

Forbes Ebay CEO John Donahoe Talks About The PayPal Split And Future Of Two …ForbesToday eBay eBay announced it would spin-off its fast-growing PayPal division in 2015. The decision to separate PayPal from eBay's marketplace operations is a drastic reversal for eBay, which this February fended off an aggressive attack …

Wall Street Journal EBay to Split as Apple, Others Prepare to Challenge PayPalWall Street JournalA stand-alone eBay would no longer have to hand over cash it generates to PayPal, Chief Executive John Donahoe said. Mr. Donahoe, 54 years old, will step down as CEO when the split is complete, though …

ABC News What's PayPal's First Solo Move?ABC NewsPayPal's impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com and give it the freedom to aggressively take on new mobile pay challenger Apple Pay. For eBay, the challenge will be … More: …

3 Reasons To Avoid EBay Shares Post PayPal SpinoffForbesBefore getting into that, let's review eBay's September 30 announcement that it's spinning off PayPal. 12 years ago, eBay paid $1.5 billion for PayPal — an online payment service that is most famous for the talent that it attracted — including SpaceX …

Bloomberg EBay to Split Off PayPal as Mobile Payments Gain MomentumBloombergEBay Inc. (EBAY) is spinning off its PayPal division, throwing the business into direct competition with Apple Inc. (AAPL) and Google Inc. as consumers step up the use of smartphones and computers to pay for goods and services. Activist shareholder …

Fortune eBay CEO: Why we're spinning off PayPalFortuneSeven months after making the case against spinning off PayPal to Fortune, eBay CEO John Donahoe is singing a different tune. On Tuesday, eBay announced plans to spin-off online payments service PayPal into a separate, publicly traded company.EBay Does About-Face in Decision to …

Businessweek Alibaba Should Buy eBay. Who Wants PayPal?BusinessweekEBay (EBAY) has decided that Carl Icahn was right after all, and said on Tuesday that it would spin off PayPal into an independent company, a move it until now roundly opposed. The company says now is the time to split because PayPal …

techUSA TODAYCarl Icahn had to wait several months, but the activist investor got his way. Online marketplace eBay EBAY announced Tuesday it will split from the mobile payments service PayPal — a spinoff long sought by Icahn — forming two independently traded … More: continued here