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SolarCity Continues Rocket Ride
Thursday, May 16, 2013 - 3:43pm | 734Read More...According to Elon Musk's Wikipedia page, he first conceived of the idea for SolarCity (NASDAQ: SCTY), a company founded by his cousins Lyndon and Peter Rive, at the annual Burning Man festival in the Nevada desert. Like many of Musk's various inspirations, today SolarCity is a thriving company...
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The Lines in the Bitcoin Bubble Battle Are Drawn: What Side Are You On?
Wednesday, April 3, 2013 - 1:13pm | 1592Read More...As recently as March 1, a unit of the mystery money was trading for $33 (USD), having doubled its value since the beginning of the year. BusinessWeek's proclamation that it "may be the global economy's last haven" comes as the currency surpassed a $1 billion monetary base on March 28, and as of...
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5 Tech Companies That Apple Could Buy Just With Its Cash
Friday, January 25, 2013 - 11:02am | 684Read More...To those that have been following the rise (and potential fall) of Apple (NASDAQ: AAPL), one common theme has been the vast cash and investment pile on the company's balance sheet. As of the end of the most recent quarter, Apple's fiscal first quarter, cash and cash equivalents including...
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Why is Yahoo Obsessed with PayPal Executives?
Thursday, December 13, 2012 - 3:12pm | 665Read More...Yahoo (NASDAQ: YHOO) will reportedly add Max Levchin, the co-founder and former Chief Technology Officer of PayPal, to its board. This begs one simple question: why? It was not that long ago that Yahoo hired a former PayPal exec, Scott Thompson, to lead the company. He came to Yahoo with a stellar...
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NBC, eBay Hacked for November 5 Remembrance
Monday, November 5, 2012 - 2:03pm | 450Read More...While Americans anxiously await election day, computer hackers have deemed it necessary to disrupt popular domains such as Comcast's (NASDAQ: CMCSA) NBC sites and eBay's (NASDAQ: EBAY) PayPal payment source. Although those to blame have yet to be found, the hackers in question are seemingly on a...
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Paypal Partners With Discover to Begin Processing Paypal Transactions in 2013
Wednesday, August 22, 2012 - 1:56pm | 272Read More...Paypal, an online payment platform owned by eBay (NASDAQ: EBAY), announced a new partnership with Discover (NYSE: DFS) to begin processing Paypal transactions in 2013. In January of this year, Paypal began testing its new payment method in Home Depot (NYSE: HD) stores. When making purchases,...
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Thiel Cashes Out the Majority of His Facebook Shares
Tuesday, August 21, 2012 - 3:27pm | 490Read More...Facebook (NASDAQ: FB) Board Director and initial investor Peter Thiel sold 20.1 million shares on August 16 and 17, according to a Securities and Exchange Commission (SEC) filing. CNNMoney reports that Thiel had previously sold 16.8 million shares in Facebook's Initial Public Offering (IPO) for $...
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Barron's Recap (4/28/12): Can the Dow Stay Relevant?
Sunday, April 29, 2012 - 9:21am | 1018Read More...This weekend in Barron's online: The Dow Jones Industrial Average is overdue for a makeover, and the prospects for eBay, Thermo Fisher Scientific and Oracle. Cover Story "Shake Up the Dow!" by Andrew Bary. Barron's cover story this week suggests that the Dow Jones Industrial Average risks...
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After Hours: eBay Gets A Lift Post-Earnings
Wednesday, January 18, 2012 - 5:29pm | 244Read More...Shares of eBay (Nasdaq: EBAY), the largest online auction site, are up more than 3% in the after-hours session after the company reported a fourth-quarter profit of 60 cents a share on revenue of $3.4 billion. The revenue number is a 35% increase from the year-earlier period. The company reported...
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eBay Earnings Preview: Double-Digit Revenue Growth Expected
Tuesday, January 17, 2012 - 7:33am | 696Read More...eBay (NASDAQ: EBAY) is scheduled to report fourth-quarter 2011 results tomorrow, January 18, after the markets close. CEO John Donahoe said at the Consumer Electronics Show that mobile commerce is expected to be surge this year, with PayPal payments increasing as much as 75%. Investors could use...
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Bank of America Maintains Buy on Yahoo! After New CEO Announcement
Wednesday, January 4, 2012 - 1:38pm | 194Read More...Bank of America has published a research report on Yahoo! (NASDAQ: YHOO) after the company announced that former President of PayPal, Scott Thompson, has accepted the role as CEO of Yahoo!. In the report, Bank of America writes, "Yahoo! announced that Scott Thompson, the former President of PayPal...
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Not So Fast, Visa And Mastercard?
Thursday, October 13, 2011 - 2:48pm | 710Read More...The other day, Peet's Coffee & Tea (NASDAQ: PEET) announced it would be taking payments with cards loaded into Google (NASDAQ: GOOG [FREE Stock Trend Analysis]) Wallet and MasterCard (NYSE: MA) PayPass™ contactless cards. The payments will start to be accepted by the end of the month. That...
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Internet Credit Card Fraud: You Could Be Next
Monday, September 19, 2011 - 11:19am | 613Read More...By Michael Germanovsky The world is growing smaller and smaller every day. Globalization and the Internet (and maybe Al Gore, that founder of the Internet) have made it easier for people to connect with one another from the convenience of their own homes. But with all this convenience comes a...
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PayPal Names Patrick Dupuis as CFO
Monday, October 25, 2010 - 1:55pm | 177Read More...PayPal today announced the appointment of Patrick Dupuis as its chief financial officer. Dupuis brings more than 25 years of corporate financial experience, including CFO positions at Sitel and BJC Healthcare. Before joining PayPal, Dupuis was the global chief financial officer for Sitel, a major...
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PayPal President On Fox Business Network (EBAY)
Tuesday, October 19, 2010 - 11:45am | 355Read More...PayPal President Scott Thompson tells Fox Business Network's (FBN) Liz Claman that while he suspects eBay CEO John Donahoe's prediction that PayPal will overtake eBay is correct; he hopes “it never happens” saying that “when they're growing we're growing.” On John Donahoe's prediction that PayPal...
