In a statement today, ebay Inc announced that it had agreed to acquire Braintree for around USD800 million in cash.
Tags: Paypal
Hacker group Anonymous pleads guilty in PayPal hack
Thirteen defendants said they were guilty of the cyber attack against PayPal three years ago. They were members of a hacker group known as Anonymous.
Plastic cards continue to drive world away from true mobile payments
Brian Fung, in his report which appeared on The Switch at The Washington Post, said the world is moving away from true mobile payments as evidenced by the presence of plastic card offerings from various companies.
Clypd picks up USD7.2 million in Series A-1 for short TV commercials
Massachussetts-based TV advertising platform Clypd raised USD7.2 million in Series A-1 funding from Atlas Ventures, Freestyle Capital, Boston Seed Capital, and angel investors John Battelle and Brightcove.
PayPal forges partnership with Uber Technologies Inc
Internet payment platform PayPal forged a partnership deal with car service firm Uber Technologies in a bid to reach modern marketplaces that cater to mobile-savvy customers.
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Facebook confirmed testing on a new payments product that may take other mobile payment platforms like Paypal.
PayPal plans to expand so that it could be a one-stop shop for customers' financial services needs.
Facebook hired Gary Briggs from Google's Motorola Mobility as its first ever marketing chief. Facebook hired Gary Briggs, Motorola Mobility's former chief marketer, to be the social networking site's first ever chief marketing officer.
PayPal's mistake made a resident from Pennsylvania the richest person alive for a few hours with exactly US$92,233,720,368,547,800.
The online payment service, PayPal, erroneously credited Chris Reynolds with US$92 quadrillion. PayPal, an online payment broker, disclosed that it mistakenly credited a man with US$92 quadrillion.
The royal baby fever was quickly capitalized by big brands to promote their products and services. Advertisers were quick to capitalize on the royal baby birth fever.
WikiLeaks donations declined in the past 2 years. "Development of donations over the past two years has declined substantially and is no longer able to provide the earlier levels of support for the project," according to Wau Holland Foundation's annual report.
Paypal now not only looks after the online shopper, but also the online merchant. Paypal, eBay's online payment business already lends financing to its online shoppers.
Asana, a Silicon Valley start-up, has lined up $28 million in a financing round led by PayPal co-founder Peter Thiel and his Founders Fund.
