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July 23, 2008 4:43:11 PM CDT

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Stories related to: PayPal

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10 Stories

  • April 2008

    • eBay Profits Jump 22% Under New CEO

      newser  |  Wall Street Journal  |  Apr 16, 08 6:50 PM CDT

      eBay Profits Jump 22% Under New CEO

      EBay's revenue soared 24% in the first quarter, the Wall Street Journal reports, with profits up 22%. Fueled by continued success with its online auction business and PayPal, its online-payment component, the company also raised its projected 2008 earnings to $8.7 billion to $9 billion, well beyond Wall Street expectations. More »

  • March 2008
  • December 2007

    • Gay Plays Well for Maverick VC

      newser  |  Valleywag  |  Dec 20, 07 12:18 PM CST

      Gay Plays Well for Maverick VC

      In Silicon Valley, where "like funds like," Valleywag thinks it's important to note that Peter Thiel, "the smartest VC in the world, is gay." Why mention it? Thiel's Founders Fund, which just raised a $220 million financing round, could reinvent the way entrepreneurs get paid, and Valleywag attributes his contrarianism to the fact that he's a gay man in a VC world filled mostly with straight white guys. More »

      Tags

      Facebook  • venture capital  • investments  • PayPal  • Peter Thiel

    • Wireless Giants Blocking New Mobile Services

      newser  |  BusinessWeek  |  Dec 11, 07 10:54 PM CST

      Wireless Giants Blocking New Mobile Services

      Wireless service giants AT&T and Verizon may be blocking other companies' devices and applications to defeat potential competition. Business Week reports that a discount international cell phone service, a wireless banking service, and PayPal, trying to bring its online payment service to wireless, were all obstructed by one or more of the major carriers. More »

      Tags

      cell phones  • Verizon  • AT and T  • Sprint  • Wachovia  • wireless service  • PayPal  • SunTrust Banks  • Nextel

  • November 2007

    • PayPal Swiping Credit Card Market

      newser  |  BusinessWeek  |  Nov 21, 07 1:05 PM CST

      PayPal Swiping Credit Card Market

      With identity theft jumping 50% since 2003, more people are turning from credit cards to Internet-based payment services like PayPal and Google Checkout for online purchases and, increasingly, everyday transactions, Business Wee k reports. Roughly 30% of US online shoppers used an alternative payment service last year. "Consumers are afraid to give out their credit-card information," said one retail expert. More »

      Tags

      credit card  • PayPal  • MasterCard  • business tech

    • Now PayPal Is Everywhere MasterCard Is

      newser  |  Reuters  |  Nov 20, 07 10:16 AM CST

      Now PayPal Is Everywhere MasterCard Is

      PayPal is offering a new way for customers to pay on sites that don't normally accept the service. PayPal Secure Card creates a new MasterCard number for every transaction and retrieves members' payment information from their PayPal accounts. "From a merchant's perspective this looks like any other MasterCard transaction," says a PayPal exec. "And it's just another PayPal purchase to the customer." More »

      Tags

      Internet  • eBay  • Internet security  • shopping  • online retailers  • phishing  • PayPal  • MasterCard  • online fraud

    • Inside the 'PayPal Mafia'

      newser  |  CNN  |  Nov 15, 07 4:55 AM CST

      Inside the 'PayPal Mafia'

      They may be the most brilliantly successful—or luckiest—or both—small group of entrepreneurs in history: PayPal alumni who, like founders Peter Thiel and Max Levchin, left the company to create $30 billion worth of innovation: YouTube, Facebook, Slide, Yelp, Digg, investment firms, philanthropies, solar-power companies, an electric car maker and a Mars colonization plan. Fortune Magazine infiltrates the "PayPal Mafia" for clues to their success. More »

      Tags

      Facebook  • YouTube  • eBay  • Silicon Valley  • PayPal  • Peter Thiel

  • October 2007

    • Young Tycoons in Endless Pursuit of Next Project

      newser  |  New York Times  |  Oct 28, 07 9:54 AM CDT

      Young Tycoons in Endless Pursuit of Next Project

      Rather than reveling in his $100 million fortune, mogul Max Levchin spent a year feeling "worthless and stupid" after he sold PayPal to eBay at the age of 27. Too young to retire, too restless to become a philanthropist, Max was like many young Silicon Valley tycoons dogged by their own over-achievement, the New York Times reports . More »

      Tags

      eBay  • Silicon Valley  • wealth  • PayPal  • millionaires  • tech companies

    • eBay Posts Big Growth but Net Loss Thanks to Skype

      newser  |  Wall Street Journal  |  Oct 18, 07 5:45 AM CDT

      eBay Posts Big Growth but Net Loss Thanks to Skype

      EBay reported strong growth in some sectors despite posting a $936 million net loss for the third quarter, reports the Wall Street Journal . Most of the loss is due to the company writing down internet calling company Skype by $1.39 billion after eBay found it difficult to make money off the operation since its acquisition two years ago. Excluding such one-time costs, eBay pulled in a $564 million profit. More »

      Tags

      eBay  • quarterly earnings  • Skype  • PayPal  • StubHub  • third quarter earnings

    • eBay's $1.4 Billion Phone Bill

      newser  |  Wall Street Journal  |  Oct 2, 07 12:04 AM CDT

      eBay's $1.4 Billion Phone Bill

      eBay's $2.6 billion acquisition of phone service Skype looks like a wrong number, with profits on hold indefinitely. The Wall Street Journal reports eBay will take a $1.4 billion write down on Skype, which  accounts for $90 million of eBay's $1.83 billion in revenue in the third quarter. Skype CEO Niklas Zennstrom is stepping down. More »

      Tags

      social networking  • eBay  • Skype  • digital video  • PayPal  • online music  • Meg Whitman  • revenue  • Vonage  • write down

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