The high-profile executive in charge of sales and marketing for the US Postal Service is leaving the organization in May. The announcement comes not long after the appointment of Postmaster General Megan Brennan, who replaced Patrick Donahoe. Chief Marketing and Read more
PayPal will pay the U.S. Treasury Department $7.7 million to settle alleged violations of economic sanctions. The Treasury’s Office of Foreign Assets Control announced the settlement for what it called potential civil liability for 486 apparent violations including the Weapons Read more
Stamps.com will acquire Endicia for $215 million in cash pending regulatory approval, including antitrust scrutiny courtesy of the Hart-Scott-Rodino Act. The two companies provide online postage solutions, including solutions for online sellers. Stamps.com said the move would help it compete Read more
Etsy sellers who are tired of refunding buyers for shipping overages or not recouping their entire shipping costs are a step closer to getting relief. Etsy launched a beta version of calculated shipping, and all sellers can test the new Read more
eBay UK warned sellers that due to higher postal fees, the cost of Managed Returns would rise. eBay introduced managed returns as an opt-in program in the UK in the fall of 2013, telling sellers it was designed to give Read more
eBay Enterprise launched a new program designed to help merchants quickly create Magento storefronts using Magento Community Edition. The Magento Small Business program makes the software more accessible to smaller merchants who don’t have software and design expertise by matching them up Read more
On May 1, eBay will hold what is almost certain to be its last annual shareholder meeting in its current state, having caved to pressure from Carl Icahn last year to spin off of its PayPal business. But shareholders will Read more
eBay is encouraging sellers to list long-duration fixed-price listings in a new 6-day listing promotion. The sale is clearly targeted at casual sellers and is by invitation only. “Listing isn’t just easy,” eBay wrote, “It’s also free.” The marketplace provided Read more
Square continues to move into PayPal territory, announcing Monday a new way for users to send money to business and to each other – through “cashtags,” a riff on Twitter “hashtags.” The company is best known for its card reader Read more
eBay is tweaking its Board of Directors in advance of its pending breakup, of which it said it was making “solid progress.” It also announced the date of its annual shareholder meeting. GoPro President and former CEO of Skype Tony Read more
