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PayPal

PayPal

Investor Icahn Drops Bid To Force eBay To Sell Off PayPal

The e-commerce company has been fighting a push from the activist investor to spin off PayPal, eBay’s mobile payment business that is growing revenue faster than the rest of the company. Icahn launched his campaign against the company in January.

04/10/2014

A sign is posted in front of eBay headquarters in San Jose. (Justin Sullivan/Getty Images)

EBay Reports Higher Earnings; Icahn Seeking PayPal Spinoff

EBay is reporting higher earnings and revenue for the last three months of 2013, driven by a strong holiday season for its e-commerce site and PayPal.

01/22/2014

Facebook Headquarters

Facebook To Test Mobile Payments Service

Facebook plans to test a mobile payments service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.

08/15/2013

PayPal

PayPal Testing Facial Recognition Program To Verify Mobile Payments

Recently kicking off in London borough Richmond upon Thames, the test includes 12 different merchants set up to accept PayPal payments, according to the company.

08/08/2013

A sign is posted in front of eBay headquarters in San Jose. (Justin Sullivan/Getty Images)

EBay Profit Slides; Outlook Falls Short Of Expectations

EBay’s revenue increased in the second quarter as its PayPal business and namesake online marketplace continued to grow. But net income fell amid higher expenses and its outlook for the current quarter was shy of Wall Street’s expectations.

07/17/2013

PayPal

PayPal Makes Man $92 Quadrillion Richer (Temporarily)

Please imagine how giddy Pennsylvania PR executive Chris Reynolds must have felt when PayPal made him $92 quadrillion richer — $92,233,720,368,547,800 richer to be precise.

07/17/2013

PayPal

PayPal Galactic Launches In Anticipation Of Civilian Space Travel

The commercialization of space may not be moving at light speed, but it’s probably going faster than you think.

06/27/2013

PayPal

PayPal Looks To Conquer Payments In Space

PayPal wants to explore space — or at least begin to figure out how payments and commerce will work beyond Earth’s realm once space travel and tourism take off.

06/27/2013

EBay headquarters in San Jose. (Justin Sullivan/Getty Images)

EBay Revenue Growth Misses Estimates; Stock Lower After Hours

EBay grew its earnings and revenue in the first quarter thanks to growth in its PayPal business and its e-commerce sites. But revenue fell shy of Wall Street’s expectations, causing investors to send the company’s stock lower in after-hours trading.

04/17/2013

New Yahoo CEO Marissa Mayer (Jemal Countess/Getty Images for Time Inc.)

Paypal Co-Founder Joins Yahoo Board In Shake Up

Yahoo is adding a new director and parting ways with two other board members in the latest shake-up of the Internet company’s hierarchy.

12/13/2012

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