Facebook payments is losing another executive just months after the company rebranded its payments unit to Novi. The co-creator of Facebook’s cryptocurrency initiative Tomer Barel is leaving the company in February. The news comes three weeks after the head of Read more
The head of Facebook payments is stepping down after 7 years. David Marcus announced the news in a post on a different social networking site – LinkedIn. Marcus had founded Zong and joined PayPal in 2011 when it acquired the Read more
Facebook is welcoming online merchants to its Messenger chat platform, the mobile app that is its answer to texting. But there’s no “Buy button” in this announcement. The company previewed the new “Businesses on Messenger” at its developers’ conference this Read more
VentureBeat says eBay executives fired PayPal president David Marcus “because his vision for the virtual-payment kingpin wasn’t working out,” a claim that eBay immediately refuted. In, “Resigned, my ass: PayPal president David Marcus was fired, say eBay, Inc. execs,” VentureBeat cited “a Read more
eBay CEO John Donahoe will find himself filling in again as head of PayPal after President David Marcus handed in his resignation. Marcus is leaving PayPal on June 27 and will head to Facebook to head up its messaging products. Read more
PayPal President David Marcus responded to one of his executive’s very disturbing posts on Twitter that began over the weekend, calling the incident shocking and sad. He tweeted a link to a PayPal blog post in which he called the Read more
On the heels of a “60 Minutes” feature about Amazon during which the company revealed its concept of unmanned drones to deliver packages to shoppers’ doorsteps, eBay invited Bloomberg West TV for a tour of its headquarters and commerce innovation Read more
