Tag Archives: ebay

EBay’s PayPal To Begin Accepting Bitcoins: Exec

EBay’s (EBAY) PayPal payments unit will begin accepting bitcoin in the virtual currency’s biggest endorsement yet by a major company. Bill Ready, the CEO of eBay’s Braintree payment processing unit, said at the Techcrunch Disrupt conference in San Francisco on Monday that PayPal will start accepting bitcoin for transaction payments sometime in the next several months. “We’re announcing PayPal’s first foray into bitcoin,” Ready reportedly said.

Is Rackspace Buyout in the Cards for CenturyLink? (Revised) – Analyst Blog

Telecommunication company, CenturyLink Inc. ( CTL ), is reportedly seeking to expand its cloud business with a prospective acquisition of Rackspace Hosting Inc. ( RAX ). Although no official announcement has been made, going by the market reports of

EBay Stock Surges On 2015 PayPal Spinoff Report

EBay (EBAY) stock was up 5% in afternoon trading in the stock market today following a report on tech news website The Information that the company could spin off its lucrative PayPal payments unit as early as next year. “EBay has been telling potential recruits for the position of PayPal president that it’s considering spinning off the payments business as soon as next year, according to two people briefed on the conversations,” The Information