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News in brief

eBay to spin off PayPal?

News in brief

eBay is considering a spinoff of its payments service PayPal as early as next year, Reuters reports, but details of the move and what structure it could take remain unclear. “The board will continue to assess all alternatives to create that long-term value and to enhance the growth and competitive positions of both eBay and PayPal. This position has not changed,” says eBay spokeswoman Amanda Miller.

Filed by Email Rian Boden nfcworld.com Published • Last updated 26 August 2014, 14:00

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