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eBay (EBAY) to Acquire Competitor Braintree

NEW YORK (TheStreet) — eBay  will acquire online payments platform Braintree for $800 million in cash to bolster its PayPal brand. Once in the fold, Braintree will act as a separate entity under PayPal. Braintree CEO Bill Ready will remain at the helm, reporting directly to PayPal President David Marcus. …

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eBay: We Don’t Share Customer Data With NSA – ABC News

eBay: We Don't Share Customer Data With NSAABC NewsCalifornia-based eBay Inc. wasn't named in documents Snowden provided to several newspapers, but German privacy commissioner Peter Schaar said last month he was certain that information collected on eBay users ended up with the NSA. The president …and more » More: continued here

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EBay to pay $800M for payment firm Braintree – USA TODAY

New York Times (blog) EBay to pay $800M for payment firm BraintreeUSA TODAYGlobal online commerce giant eBay, plans to buy payment firm Braintree in an $800 million cash acquisition aimed at expanding mobile transactions handled by PayPal, the eBay-owned online payment system. Braintree works with online and mobile firms …EBay buying …

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eBay: We don’t share customer data with NSA – MiamiHerald.com

eBay: We don't share customer data with NSAMiamiHerald.comBERLIN — Online retail platform eBay says it doesn't share data it collects on its customers with the U.S. National Security Agency. NSA leaker Edward Snowden has suggested that major web companies have set up systems to help the NSA monitor online …and more » …

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EBay to bolster PayPal business with Braintree acquisition

By Chandni Doulatramani (Reuters) – EBay Inc said it would buy payment gateway Braintree for about $800 million in cash to strengthen PayPal's presence on smartphones and tablets. Braintree owns Venmo, an app which lets consumers make payments on smartphones and tablets, an area that EBay is looking to get …

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EBay Is Now Powering Your Online Auctions With Natural Gas

Our world is driven by a new kind of machinery. Across the globe, the likes of Google, Apple, and Facebook are building massive data centers — temples of modern technology — that drive so much of what we see and do on everything from smartphones and tablets to laptops and …

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eBay Shares Higher on Braintree Deal

NEW YORK (TheStreet) — Shares of eBay were higher in premarket trading Thursday, up 0.3% to $54.37, after the company announced it was spending $800 million to acquire Braintree, a payments company, to further strengthen its PayPal business. "Braintree is a perfect fit with PayPal," said eBay President and CEO …

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