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. The acquisition's completion is expected…
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
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 Chicago-based BraintreeChicago TribuneEBay to bolster…
EBay said it would buy payment platform Braintree for about $800 million in cash to add to its PayPal business. More: continued here
EBay Inc. said Thursday it will buy Chicago-based Braintree, which operates an online payment platform, for about $800 million in cash. More: continued here
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 » More: continued here
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 more involved in. "We believe…
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 PCs and televisions. These aren't…
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 John Donahoe in a press…
EBay Inc. (EBAY) , owner of payments service PayPal, said it will bolster that business by buying Braintree for $800 million in cash, to expand its mobile transactions business. More: continued here