EBay to Split Off PayPal as Mobile Payments Gain Momentum – Bloomberg
Bloomberg |
EBay to Split Off PayPal as Mobile Payments Gain Momentum
Bloomberg EBay Inc. (EBAY) is splitting off its PayPal division, throwing the business into direct competition with Apple Inc. (AAPL) and Google Inc. as consumers step up the use of smartphones and computers to pay for goods and services. Activist shareholder Carl … EBay Without PayPal Makes Both Tempting Targets Shrewd investor Carl Icahn is killing it UPDATE 2-Hedge fund Third Point joined Icahn in pressuring eBay-source |
