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Windows 10 Revealed; eBay, PayPal Break Up; Cheaper Pebble Watches

2014-10-01 17:37:15| PC Magazine MP3 Player Product Guide

From Microsoft's Windows 10 reveal to cheaper Pebble smartwatches, here's what you missed on Tuesday.

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Windows 10 Revealed; eBay, PayPal Break Up; Cheaper Pebble Watches

2014-10-01 17:37:10| PC Magazine Cell Phones Product Guide

From Microsoft's Windows 10 reveal to cheaper Pebble smartwatches, here's what you missed on Tuesday.

Tags: windows ebay break watches

 
 

What's New Now: eBay and PayPal Splitting Up

2014-09-30 22:39:08| PC Magazine Software Product Guide

After 14-years of dominating the online marketplace together, eBay and PayPal are splitting up. The break up will happen in early 2015 and will result into two independent public companies. The board said the move will allow both companies to focus on their core business and grow more quickly.

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eBay, PayPal to Separate in 2015

2014-09-30 22:39:08| PC Magazine Software Product Guide

EBay concluded that the two companies can get more things accomplished separately than together.

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EBay, PayPal to become standalone companies

2014-09-30 15:19:00| Telecompaper Headlines

(Telecompaper) EBay plans to separate its eBay and PayPal businesses into two independent publicly traded companies. The company said it hopes to achieve the move in the first half of next year, subject to customer conditions. EBay CEO John Donahoe and CFO Bob Swan will be responsible for leading the separation of each business, with board oversight. This will include deciding on appropriate management and capital structures for the businesses. Neither will however an executive management role in the new eBay and PayPal companies, although they will serve on the boards of the two companies. David Wenig, currently the president of eBay Marketplaces, will become CEO of the new eBay company. Dan Schulman, an executive at American Express, will join PayPal immediately as president and CEO designee for PayPal post-separation. The announcement follows a strategic review of eBay's growth strategies and structure. The review concluded that creating two standalone businesses will enable both to capitalise on their respective growth opportunities and create sustainable shareholder value.

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