The Traderszone Network

Published in TZ Latest News 30 September, 2014 by The TZ Newswire Staff

PayPal in play for Google as leftover EBay invites LBO

EBay announced today that it’s spinning off the PayPal payment-services business from its online marketplaces to unlock value at a $70 billion company whose valuation has been sagging lately. The move may make either half of the company a target as industry acquirers from Alibaba to Google seek ways to further their dominance of the Internet.