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eBay Declares Support For 'Open, Collaborative Approach To Tokenization'
Friday, February 13, 2015 - 4:04pm | 299Read More...In a blog post published Friday, eBay Inc (NASDAQ: EBAY) Chief Technology Officer (for its PayPal division), James Barrese, offered a glimpse into the company's effort to protect customer data. As a leader in financial technology and payments, Barrese said that it is important to keep up...
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Top Wall Street Executives To Gather At White House Cybersecurity Summit
Thursday, February 12, 2015 - 3:12pm | 494Read More...For the first time ever, President Obama has called on best-in-class executives from several sectors to convene at Stanford University on Friday in order to discuss how to move forward with his cybersecurity initiative. The event is designed to help corporate leaders work together with the...
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New York Could Become First City To Accept Bitcoin
Thursday, February 12, 2015 - 3:05pm | 354Read More...New York City Councilman Mark Levine is expected to unveil a proposal on Thursday that will allow the city to accept bitcoin as payment for fines. The bill would allow the municipality to accept the cryptocurrency for things like parking tickets and court fees, but could also include an added...
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Is Bitcoin Too Big To Fail?
Wednesday, February 4, 2015 - 2:13pm | 381Read More...Bitcoin has seen a lot of criticism over the past year, with many turning a skeptical eye to the cryptocurrency that exploded in 2013. Dubbed the worst currency investment in 2014, bitcoin has been regarded as an unstable, unsafe currency that is likely to be phased out. However, big names...
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Credit Suisse Lowers eBay Price Target To $62
Thursday, January 22, 2015 - 10:29am | 164Read More...Stephen Ju of Credit Suisse on Thursday maintained a Neutral rating on eBay Inc (NASDAQ: EBAY) with a price target lowered to $62 from a previous $69 given several headwinds. Ju notes that eBay's Marketplaces segment profit was lower than estimated due to gross merchandise volume being...
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Topeka Suggests eBay Investors 'Remain On The Sidelines On Weak Fundamentals'
Thursday, January 22, 2015 - 9:29am | 145Read More...Victor Anthony of Topeka Capital Markets on Thursday reiterated a Hold rating on shares of eBay Inc (NASDAQ: EBAY) with a $57 price target, as shares are likely to remain range-bound until the company finalizes a split of its PayPal segment. “Gross Merchandise Volume growth continues to...
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Elon Musk Founded Tesla Knowing Auto Startups Are 'At The Bottom Of The List'
Wednesday, January 14, 2015 - 8:01am | 505Read More...Not many entrepreneurs are eager to get into the automobile space, but Tesla Motors Inc (NASDAQ: TSLA) co-founder Elon Musk risked everything to ensure the company's survival. "I put all the money that I had ever made into Tesla," Musk told attendees in Detroit at the 2015...
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Sterne Agee's 2015 Predictions For Fintech And Payments Sector
Friday, January 9, 2015 - 9:47am | 344Read More...Thomas McCrohan of Sterne Agee published a report on Friday detailing his top 10 predictions within the Payments and Financial Technology sector. Below are the analyst's predictions: eBay Inc's (NASDAQ: EBAY) PayPal will launch an alternative banking product which may include a...
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Are People Thinking About Moving On From eBay?
Thursday, December 11, 2014 - 12:49pm | 311Read More...Shares of eBay Inc (NASDAQ: EBAY) jumped at Thursdya's market open on news that the company has finally set in motion the plan to split off its payment processing subsidiary, PayPal, in the near future. However, this split will come at the cost of thousands of eBay employing losing their jobs...
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UPDATE: Stifel Upgrades eBay, Sees Favorable Risk/Reward Ratio
Monday, December 8, 2014 - 9:18am | 153Read More...Scott Devitt of Stifel upgraded shares of eBay Inc (NASDAQ: EBAY) to Buy from Hold on Monday while establishing a $65 price target. "We envision a $2:$1 risk/reward on a base case and $3:$1 on a bull case based on what we believe are a reasonable set of assumptions and comparable," Devitt wrote in...
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PayPal Executive: Mobile Shopping Is On The Rise Year-Over-Year For Us
Monday, December 1, 2014 - 4:39pm | 304Read More...The online shopping industry has matured and is not seeing the kind of growth it witnessed pre-2010. However, what is seeing tremendous growth is mobile shopping. Even though the black Friday sales were disappointing this year, mobile shopping saw a massive uptick and the online retailer who...
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Apple Pay Vs. PayPal And Others: The Race For Mobile Payment Dominance
Monday, October 20, 2014 - 3:17pm | 895Read More...The mobile payment industry will shift into high gear as Apple Inc. (NASDAQ: AAPL) launched its first mobile payment solution, Apple Pay. Bloggers expect Apple Pay to be a game-changer for small businesses, but what about the rest of the mobile payment space? "I think Apple has an...
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3 Startups That Could Bolster PayPal's Business
Friday, October 17, 2014 - 10:02am | 815Read More...The online payments space has become increasingly crowded in the last few years. Devices and startups have mushroomed to challenge PayPal, Inc.'s dominance. In response, the San Jose-based company has pursued an aggressive growth strategy, launching new products and partnering with existing...
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What Is PayPal Really Worth? eBay's Earnings Might Give A Hint
Wednesday, October 15, 2014 - 1:14pm | 560Read More...Analysts aren't expecting too many surprises when eBay Inc (NASDAQ: EBAY) reports after the market close Wednesday, but investors are eager to see how PayPal performed. "Expect an in-line quarter," Needham analyst Kerry Rice told Benzinga. "Marketplace is still struggling,...
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Weekly Highlights: Apple Inc. iPhone 6 Plus Dominates, PayPal Goes Solo, Merger Mania & More
Sunday, October 5, 2014 - 6:10pm | 306Read More...Now that the smartphone unveilings have come and gone, the media has turned its attention to other big stories from companies whose names don't always rhyme with Snapple. SoftBank (OTC: SFTBF), for example, was urged to acquire Yahoo! Inc. (NASDAQ: YHOO). PayPal announced its long-awaited...
