EBay (NASDAQ:EBAY) announced early Tuesday that it would be launching an initiative to split the auction website and PayPal into two separately traded public companies by next year, a move that has been regularly recommended by activist hedge fund magnate Carl C. Icahn this … [Read more...]
eBay urging customers to change their passwords after hacking attack
The online auction website eBay is urging customers to reset and change their passwords after cyber criminals hacked into eBay and stole a database of client information, including customer names, account passwords, email address, birth dates, physical addresses and telephone … [Read more...]
Walmart expanding into India’s ecommerce marketplace
Is Walmart entering India’s immense ecommerce marketplace? That is the word on the street from various sources this week. Soon after eBay announced it will be investing $133 million in Snapdeal, Walmart has reportedly hired a team of more than a dozen industry professionals to start … [Read more...]
PayPal’s new ‘digital wallet’ may accept bitcoin
Is bitcoin (BTC) included in PayPal's proposed 'digital wallet' with 'multiple types of currency'? In the past several weeks, reports have surfaced that indicate that the two companies view bitcoin platforms as potential competitors. According to one report released earlier this … [Read more...]
