Facebook loses key Libra backers
Five companies including Mastercard and Visa withdraw their backing for Facebook’s blockchain-based Libra payments play, …
Tech leaders establish $27M ethical AI fund
LinkedIn founder Reid Hoffman and Omidyar Network, a non-profit investment company established by eBay founder Pierre …
Kakao signs up Tencent, eBay for banking licence bid – report
South Korean firm Kakao’s bid for a domestic internet banking licence is being bolstered by …
Changes leave eBay, PayPal more open to takeover bids
eBay announced a number of corporate governance changes that could make itself and its PayPal …
PayPal spin-off to put focus on mobile payments
In an about-turn from its previous policy, eBay is to spin off PayPal into a …
eBay eyes possible PayPal spin-off – report
Online retail giant eBay has apparently told candidates for the vacant PayPal CEO post that …
PayPal working on Bitcoin deal
PayPal has had talks about its well-regarded mobile payments subsidiary Braintree accepting payment via the …
eBay sees mobile growth, but in-store transactions harder to crack
eBay enabled $12 billion in transactions via mobile devices in the second quarter – a …
eBay: 40% of new users are mobile; rejects Icahn approach
Forty per cent of eBay’s 36 million new users and accounts in 2013 were mobile, …
PayPal pushes further into mobile with Stackmob acquisition
PayPal, owned by eBay, has acquired Stackmob for an undisclosed fee as part of on-going …