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EBay names David Marcus to head PayPal

SAN FRANCISCO (MarketWatch) – EBay Inc. on Thursday named David Marcus the new president of PayPal effective April 2. Marcus has served as vice president of mobile for the Internet giant's online payments division. He replaces Scott Thompson, who was named chief executive of Yahoo Inc. in January. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit …

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