New York Times (blog) EBay to buy Braintree to boost PayPal's mobile presenceReuters(Reuters) – Ebay Inc will buy payment gateway Braintree for about $800 million to strengthen its PayPal unit's presence on mobile devices and take out a rapidly growing rival. PayPal, the dominant online provider of payment services, has …
Read More »eBay Will Buy PayPal Rival Braintree For $800 Million In Cash – Business Insider
Business Insider eBay Will Buy PayPal Rival Braintree For $800 Million In CashBusiness InsiderCHICAGO, Ill.–(BUSINESS WIRE)–eBay Inc. (NASDAQ:EBAY) announced today that it has agreed to acquire Braintree, the innovative global payment platform powering the next generation of leading online and mobile-first startups, for total consideration of … More: continued here
Read More »Hamburg post office: same location, new spot at Fancy That! – Hamburg Sun
Hamburg Sun Hamburg post office: same location, new spot at Fancy That!Hamburg SunA POST OFFICE? OH, FANCY THAT! — The post office that was located in the Staub Square building at 1 Buffalo St. has moved, within the building, into a newly opened shop, Fancy That! Photo by Alicia Greco. …
Read More »EBay Expands Mobile Payments With Braintree Deal – Bloomberg
EBay Expands Mobile Payments With Braintree DealBloombergEBay Inc. (EBAY), owner of electronic-payments service PayPal, said it will bolster that business by buying Braintree for $800 million in cash to expand its mobile-transactions business. Braintree, a global payments platform, works with online and … More: continued here
Read More »Editorial: Plans for post office should be first class – The Advocate
Editorial: Plans for post office should be first classThe AdvocateThe closing of the Atlantic Street post office in downtown Stamford last week comes at a time when its Greenwich Avenue counterpart in the heart of the town is being transformed into retail space to be leased to Restoration Hardware. Yes, …
Read More »China Goes Postal – Wall Street Journal
Wall Street Journal China Goes PostalWall Street JournalNo more than a meter wide and just deep enough to hold two rows of manila envelopes, it contains more than $10 million worth of stamps, owned by clients of Stanley Gibbons Ltd., a British stamp dealer that is Mr. Kaster's employer. A …
Read More »USPS proposes raising stamp price by 3 cents in new year – NBCNews.com
USPS proposes raising stamp price by 3 cents in new yearNBCNews.comThe USPS last increased prices for a first-class stamp by a penny in January of this year. At the time, the USPS cited losses of about $25 million per day amid declining mail volume as more people use email and …
Read More »83-year-old driver hits post office with car – Juneau Empire (subscription)
83-year-old driver hits post office with carJuneau Empire (subscription)An elderly man trying to park his car at the Mendenhall Post Office Thursday accidentally hopped the curb and struck the building, causing an estimated $3,500 worth of damage, police said. Post office employees said the collision shook the building … More: …
Read More »Five Reasons Food Stamps Work Just Fine – The American Prospect
The American Prospect Five Reasons Food Stamps Work Just FineThe American ProspectLast week, House Republicans passed a bill that would cut the food stamp program by about $40 billion over the next ten years. They're drawing on headline numbers—the program serves about 47 million people each year and has the …
Read More »Behind eBay’s $800M buy: Braintree will replace PayPal’s developer platform – GigaOM
Behind eBay's $800M buy: Braintree will replace PayPal's developer platformGigaOMeBay's $800 million purchase of Braintree is primarily motivated by one big factor: PayPal's need for a nimble and flexible commerce platforms that met the demands of the new generation of startups and mobile app developers. That's according to John … …
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