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eBay Could Spin Off PayPal Next Year [Report]

eBay Could Spin Off PayPal Next Year [Report]

By Chris Crum August 21, 2014

A new report out today from The Information says that eBay is considering spinning off PayPal as soon as next year – a move investor Carl Icahn very publicly called on eBay to make earlier this year. Jessica Lessin reports: …

“Tips for Jesus” Tip Thrown Away by Waiter “Tips for Jesus” Tip Thrown Away by Waiter

The year is 2014 and we all now know Harold Camping was wrong; the world did not end in 2011. Regardless of that fact, there are many people out there who still believe the rapture is imminent and that Jesus …

Business Owner Details Getting 'Screwed' By Square Business Owner Details Getting 'Screwed' By Square
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Alex Shvartsman runs a small store called Kings Games in Brooklyn as well as its e-commerce counterpart. He’s been a longtime Square Reader user, and was an early adopter of Square Market, the company’s online storefront for small businesses. “I’ve …

PayPal Acquires Mobile App Platform StackMob PayPal Acquires Mobile App Platform StackMob
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PayPal has acquired mobile application development firm StackMob. The company’s engineers will join the PayPal team. The StackMob team has roots coming from JBoss/Red Hat, NexTag, Zynga, Cisco and Salesforce. The company has been backed by Trinity Ventures, Harrison Metal, …

PayPal Opens Online Store For Digital Gift Cards PayPal Opens Online Store For Digital Gift Cards

PayPal announced the launch of its new Digital Gifts store, which is a destination where people can purchase digital gift cards from a variety of merchants. For now, there are only iTunes gift cards from Apple, but PayPal says it …

PayPal Makes Prepaid Gift Cards Easier PayPal Makes Prepaid Gift Cards Easier

PayPal announced that it now supports prepaid gift cards in that consumers can use them anywhere that accepts PayPal. This is just in time for the holidays, when many people will be getting these cards as gifts. As PayPal explains, …

Time To Start Letting Customers Pay You By Email Time To Start Letting Customers Pay You By Email
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There is a lot of innovation happening in the payments space, and the competition is heating up at a greater place than ever before. New products from PayPal and Amazon show great potential, and Google continues to expand its Wallet …

eBay Earnings Released, Revenue Up 14% eBay Earnings Released, Revenue Up 14%

eBay just released its Q3 earnings report with a 14% year-over-year increase in revenue to $3.9 billion and net income (GAAP) of $689 million. PalPal on its own generated $1.6 billion, up 19% year-over-year. It also gained 5 million active …

PayPal Announces Payment Code Offering PayPal Announces Payment Code Offering

PayPal has now revealed yet another new product aimed at making retail store payments easier for both consumers and merchants. This one is called Payment Code, and lets users pay by checking into a store with their PayPal app or …

eBay Buys Braintree For $800 Million eBay Buys Braintree For $800 Million

eBay announced that it is acquiring payments platform Braintree for about $800 million in cash. Braintree powers payments on OpenTable, Airbnb, TaskRabbit and Uber, and will continue to operate as a separate service under PayPal. “Braintree is a perfect fit …

PayPal Could Be On To Something Huge With Beacon PayPal Could Be On To Something Huge With Beacon
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It’s hard to tell what’s going to work in the payments space. There have been a lot of interesting ideas over the years, but they haven’t always translated into the revolutionary game-changers that they could. PayPal’s new product – Beacon …

Facebook Readies Possible PayPal Competitor Facebook Readies Possible PayPal Competitor

Facebook has been wading through the shallow end of the payments pool for years, but if a test the company is readying is any indication, it could be getting ready to go head to head with the big boys (like …

eBay Has A Strong Second Quarter eBay Has A Strong Second Quarter

eBay has been doing pretty well for itself over the last few years. It’s latest financial results report doesn’t disappoint as the online auction house has reported another quarter of increased revenue. On Wednesday, eBay reported revenue for the second …

PayPal Accidentally Gives Man $92 Quadrillion
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You’ve probably heard the expression “richer than God,” usually reserved for people like Bill Gates or some obscenely wealthy oil executive or something. Well, for a brief, shining moment today a Pennsylvania PR executive had a PayPal balance that would …

PayPal Acquires Iron Pearl To Help It Grow PayPal Acquires Iron Pearl To Help It Grow

PayPal announced on Thursday that it has acquired Iron Pearl, a customer acquisition startup. Iron Pearl was founded by Stan Chudnovsky and James Currier, who will serve as Vice President of Growth and Growth Advisor, respectively. PayPal says its new …

eBay Expects To Grow Revenue By 50 Percent In 2015 eBay Expects To Grow Revenue By 50 Percent In 2015
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Earlier this year, eBay posted revenue growth of 21 percent year-over-year. Over the next three years, it hopes to increase revenue even more. In a meeting with investors, eBay announced that it plans to continue growing through 2015 thanks to …

PayPal-Powered Coinstar Kiosk Program is Expanding PayPal-Powered Coinstar Kiosk Program is Expanding

Back in May of 2012, PayPal and Coinstar partnered for a small test of some new types of kiosks. The initial test took place in the Dallas metropolitan area. Today, PayPal is announcing that the PayPal-powered Coinstar kiosks are coming …