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How To Succeed Like PayPal Co-founder Peter Thiel: Six Of His Rules for Business Success

2015-05-04 08:44:55| Telecom - Topix.net

What fascinates me is how the heads of the world's biggest businesses lead their companies and deal with the personal and business pressures of being at the top. I have been a business journalist for 23 years, including working in London and New York as Associate City Editor of The Daily Telegraph.

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How To Succeed Like PayPal Co-founder Peter Thiel: Six Of His Rules for Business Success

2015-05-04 04:20:41| IT Services - Topix.net

What fascinates me is how the heads of the world's biggest businesses lead their companies and deal with the personal and business pressures of being at the top. I have been a business journalist for 23 years, including working in London and New York as Associate City Editor of The Daily Telegraph.

Tags: business rules peter success

 
 

Ebay, PayPal agree cooperation post spin-off

2015-04-10 09:25:00| Telecompaper Headlines

(Telecompaper) Ebay announced the next step in its planned spin-off of PayPal with the filing of an updated Form 10 with the Securities and Exchange Commission (SEC). The filing includes an updated summary of the operating agreement between eBay and PayPal, which details how the two companies will continue to partner with one another and provides additional information about the prospective financial impact of the agreements between the two companies. The operating agreement which will remain in effect for five years and have a one-year transition period is aimed at preserving the benefits of the existing relationship and ensuring that the separation is seamless for customers of both companies. Ebay said it offers flexible terms in order to preserve synergies, but will allow each company to pursue its own commercial strategy. For example, PayPal can work with all commerce/marketplace companies and eBay can offer its customers alternative payment providers. Ebay will be incentivized to grow new PayPal users. "Limited" non-compete agreements will still apply, such as PayPal cannot create its own marketplace for physical goods, and eBay cannot create its own payments system on the core eBay platform. A product development agreement means that PayPal will devote resources to develop new products for eBay, and eBay and PayPal will maintain service level agreements. In addition, eBay board member Tom Tierney was named chair of the new eBay board, replacing eBay founder Pierre Omidyar. Omidyar will serve on both the eBay and PayPal boards in a non-chair capacity. The aim is for the spin-off to take place in the second half of 2015.

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PayPal fined for illegal payments

2015-03-26 16:34:53| BBC News | Business | UK Edition

PayPal agrees a 5.1m payout over allegations it allowed payments from accounts deemed enemies of the state by the US government.

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Orlando duo wins $30,000 from PayPal at South by Southwest

2015-03-16 02:03:05| Apparel - Topix.net

Earhoox, which produces small attachments that stabilize headphones in a listener's ear, won $30,000 in a pitch competition judged by "Shark Tank" investor Daymond John and sponsored by PayPal. The company will also receive mentoring sessions with John, an author and motivational speaker who founded the huge clothing company FUBU and appears regularly on the popular investment show "Shark Tank."

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