PayPal

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

eBay To Cut 2,400 Jobs In 1st Quarter Ahead Of PayPal Spinoff

EBay plans to cut 2,400 jobs, or 7 percent of its staff, in the first quarter to simplify its structure and boost profit ahead of a planned separation of its business.

01/21/2015

Leaves of a mature marijuana plant. (Justin Sullivan/Getty Images)

Silicon Valley Big Shots Investing Millions In National Marijuana Company Featuring Bob Marley Products

Founders Fund, the $2 billion San Francisco venture capital firm run by Silicon Valley stars including Peter Thiel, co-founder and former CEO of Paypal, is investing in Privateer Holdings, a marijuana company that owns several pot-related brands.

01/08/2015

Jack Ma (R), Chairman of Alibaba Group, and Wang Jianlin, Chairman of Dalian Wanda Group, attend the 2013 CCTV's China Economic Person Of The Year Award on December 12, 2013 in Beijing, China. (Photo by ChinaFotoPress/ChinaFotoPress via Getty Images)

Alibaba Makes IPO History Opening At $92.70 Per Share, Surpassing Amazon, Ebay & Facebook

Alibaba’s stock is surging as the Chinese e-commerce powerhouse’s begins its first day trading as a public company.

09/19/2014

International Space Station

Elon Musk’s SpaceX Among NASA Contenders To Launch Astronauts To Space Station From U.S. Soil

NASA is a giant step closer to launching Americans again from U.S. soil, and one of the likely contenders is SpaceX, the private rocket company formed by PayPal and Tesla co-founder Elon Musk.

09/16/2014

(MyCheck)

Restaurant Checkout App MyCheck Expands To Bay Area; Customers Can Dine And Dash, Pay Bill On Smartphone

Restaurant diners in the Bay Area may soon be able to skip out without waiting for the check with the expansion of an app that allows customers to dine and dash while paying the bill on their smartphone.

08/05/2014

(credit: Thinkstock)

PayPal VP Shares Career Advice For Future San Jose Business Manager

Christina Smedley, vIce president of Global Brand and Communications at San Jose-based PayPal, shares expert advice for business management careers in the Silicon Valley.

08/04/2014

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

more

Follow

Get every new post delivered to your Inbox.

Join 58,854 other followers