• PayPal and eBay now separated

    PayPal and eBay now separated

    Online retailer eBay’s subsidiary PayPal has now split off into a separate company. The move was announced in September 2014 but has just come into effect in what industry experts say is a play to take on competition from payment services from Apple and Android. The companies, which are now two of the most famous
    Read More…

  • Good News Ebay Makes Acquisitions and Lays Off Employees

    Good News Ebay Makes Acquisitions and Lays Off Employees

    How nice of Ebay.  The company has announced it plans to lay off approximately 1000 employees, which equates to 10% of its workforce.  Ebay will also remove hundreds of temp positions from the payroll as well. This comes on the heel of announcing that they have acquired DBA and bilbasen out of Denmark for approximately
    Read More…

  • Jet Blue Auctions On Ebay

    Jet Blue Auctions On Ebay

    JetBlue is using Ebay to auction off over 300 round-trip flights, and six vacation deals this week.  In a rather bold move, JetBlue is starting the auctions at $0.05 – $0.10.  Flights will be available from major cities such as Boston, Chicago, Orlando, Fort Lauderdale, New York, Salt Lake City, and Southern California. This is
    Read More…

  • Payoneer Gets $8 Million

    Payoneer Gets $8 Million

    Payoneer has just raised $8 Million dollars in a B round of financing.  The Series B came from Greylock and Carmel ventures.  Payoneer allows its cardholders to receive payments (ach) without having to actually deal with a US bank account. I must disclose, that we are using Payoneer on one of the sites I am
    Read More…

  • eBay Marches on via PayPal

    eBay Marches on via PayPal

    I have really enjoyed following the progress of eBay these last few months. Over 5 years ago when I first became seriously interested in the Internet from a business perspective, eBay was the benchmark for me. Well eBay and amazon to be honest. Where I come from (New Zealand) the big topic early in this
    Read More…