In January, John Donahoe, the C.E.O. of eBay, declared that he and his company’s board were resoundingly opposed to the idea, floated by Carl Icahn, the activist investor, to spin off PayPal. The ...
When eBay and PayPal split up on Friday, they'll face different challenges than they did as a combined company. E-commerce company eBay first said in September 2014 it would split off its payments ...
PayPal and its prospective owner, eBay, are under new scrutiny from federal regulators. PayPal received two federal grand jury subpoenas last month concerning its processing of online gambling ...
eBay and PayPal are going their separate ways. Today eBay announced that its fast-growing PayPal division would be spun off as a new company in 2015. In 2013, PayPal moved $180 billion in 26 ...
eBay's acquisition of PayPal on Monday follows a long, costly and ultimately futile attempt to make its first bill payment system succeed. Three years ago, the online auction giant bought Billpoint, a ...
EBay will spin off PayPal into its own business starting next year. PayPal, the online payments juggernaut, is seen as the real crown jewel of the eBay business. And investors have been clamoring for ...