Report: Ebay Considering Spinning Off Paypal
Report: Ebay Considering Spinning Off Paypal
Liverpool to Hire Jurgen Klopp as Manager
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Citing sources, news website The Information reported that EBay Inc is considering spinning out its fast-growing payments unit PayPal as soon as next year. The company has told potential recruits for the position of PayPal CEO about a possible spin-off of the payments unit, the website reported. Whether eBay has decided to spin off all or part of PayPal, and what structure that could take, remains unclear, the website said. Icahn backed off from his demand in April, saying that while he supported a PayPal split in the near future, now was not the time.
Jurgen Klopp is expected to travel to Merseyside on Thursday afternoon ahead of his imminent appointment as Liverpool manager. Klopp, who led Borussia Dortmand to two German league titles in his seven years at the club, has spoken personally to the club's American owners, Fenway Sports Group, and those talks have now reached an advanced stage. Sky Sports News' Vinny O'Connor, reporting from Anfield, said: "We're still waiting for the finer details to be sorted out. Jurgen Klopp has told the Liverpool owners that he does want the job but those finer details could still hold things up.
"Netflix and chill" will cost a little bit more. Netflix has raised the prices of its standard service to $9.99, a one dollar increase from its previous rate. The move comes about a year and a half after a similar hike that increased the fee from $7.99 to $8.99. Netflix had said that current subscribers would be given a "generous time period" before the switch, although there is no indication of whether this most recent change will offer the same leeway. The change only affects customers in the U.S. and Canada, along with some of Latin America. The company's website appeared to have already been updated with the new price.
An Airbnb-style website is trying to gain more foothold in Australia's fast-growing market for pet services. Mad Paws was conceptualized after its co-founder and CEO Alexis Soulopoulos pet-sat for a good friend who was struggling to find a place for his labrador to stay while he traveled. Mad Paws allows people to find local, vetted sitters for their pets, eliminating the guilt of leaving their furry friends in kennels while going on holidays. He says they want to understand their users better and improve their services based on user preferences.
The PlayStation 4 is getting more affordable, just in time for the holidays. Starting Oct. 9, Sony's nearly two-year-old console will be sold for $349.99 in the U.S — down from $399.99. It's also receiving a similar price drop in Canada: the console will now be $429 CAD. That also means all console bundles, including the upcoming bundle for Uncharted: The Nathan Drake Collection — which includes the first three games in the franchise — will also receive a price reduction.
According to a congressional document obtained by the Associated Press, Hillary Clinton’s private email server, which stored 55,000 pages of emails from her time as secretary of state, was the subject of attempted cyberattacks. The attacks originated in China, South Korea and Germany after she left office in early 2013. According to a letter from Republican senator Ron Johnson, chairman of the homeland security and government affairs committee, while the attempts were apparently blocked by a “threat monitoring” product that Clinton’s employees connected to her network in October 2013, there was a period of more than three months from June to October 2013 when that protection had not been installed.
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