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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 …