Technology

eBay and PayPal split as mobile payments space heats up

eBay’s decision to split off PayPal is creating a lot of buzz in the mobile payments world. Mary Thompson takes a look at the emerging winners in the mobile payments space.

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After spending much of this year explaining why its two businesses are best left together, eBay’s board of directors and CEO did a complete about-face Tuesday morning, announcing a plan under which its PayPal and eBay marketplace businesses will be split into separately traded public companies by the middle of next year. And CEO John Donahoe will step down …

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Mark Hurd, co-CEO of Oracle

Oracle‘s newly minted co-CEO Mark Hurd told CNBC on Tuesday the technology company is focusing on execution, particularly on the combination of hardware and software. “The integration of hardware and software together to create a better, different user experience,” Hurd said on “Squawk Alley.” “This is the way we think computing is headed and the growth in …

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ZTE Zmax

The ZTE ZMAX phablet aims to separate itself from Apple‘s iPhone 6 Plus by featuring a bigger screen at a cheaper price. The device, for $252, has a 5.7-inch HD display and became available in T-Mobile stores on Sept. 24. The iPhone 6 Plus with a 5.5-inch display is priced at $299. The ZMAX’s simple design with round …

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Advancements in technology will make banking very personal within the next decade—it may require your eye or finger to pay for shopping and your social network profile may determine your access to credit, the Daily Mail reports. Banks may request access to clients’ Facebook account and see whether users have a stable friends network—a sign they may be less …

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There was a time when the notion of a Yahoo-AOL merger would have conjured up the image of an Internet giant poised to gain so much market control that regulators would be forced to weigh in. That was a long time ago. Now, it sounds more like the desperate act of two companies from yesteryear that …

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Facebook is making its big and long-anticipated move to grow its reach and take on Google’s DoubleClick. Its new Atlas advertiser tools, which it unveiled this morning, will allow advertisers to track and measure the impact of their campaigns—not just on Facebook, but across browsers and devices. The social giant is taking on Google, and particularly in mobile …

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The United States military is studying digital currencies like bitcoin to learn if they can be traced and to figure out how they are used by America’s adversaries around the world. CNBC has learned that the global policy counsel of the Bitcoin Foundation flew to Florida to meet with officials from U.S. Special Operations Command for a …

Source: Ello
Paul Budnitz's ID picture on Ello

The extremely rapid growth of Ello, an ad- and data-collection-free social network, already has some in the press referring to the company as a Facebook killer. And while there’s no denying the network is growing fast (currently about 27,000 people are signing up per hour, founder Paul Budnitz told CNBC), or that the site was launched, …

Ulrich Baumgarten | Getty Images News | Getty Images

If you’re waiting at home for a drone-delivered package, best check the weather report. Deliveries might be late because companies seemed to have overlooked one important obstacle: the wind. Deutsche Post DHL was set to deliver medicines on an unmanned aircraft – called the parcelcopter – to the remote island of Juist, off the coast of …

Bilgin S. Sasmaz | Anadolu Agency | Getty Images
iPhone 6 at an Apple store

Apple has released iOS 8.0.2, which promises to fix the issues that affected iPhone 6 and iPhone 6 Plus users who downloaded the 8.0.1. On Wednesday, Apple had released the iOS 8′s first update but soon reported that users were experiencing problems that affected cellular network connectivity and the Touch ID functionality. To address those issues, …

Adrees Latif | Reuters
A customer holds an iPhone 6 at an Apple store in New York.

Apple has announced a temporary workaround for iPhone 6 and iPhone 6 Plus users who lost cellular service and Touch ID functionality after installing an update to iOS 8. “The bugs call into question whether Apple fully tested the software update before releasing it. There’s a reason it seemingly takes forever to get an update for …

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Yahoo‘s move to extend its hold on its Alibaba stake was no help to the search giant’s stock, which dropped nearly 2 percent in early trading Thursday. Yahoo said in a regulatory filing on Wednesday that it had entered into a one-year lockup agreement with Alibaba after its massive initial public offering last week. Although Yahoo already sold all of its …

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In the world of Internet start-ups, taking on Google’s main business has been a fool’s errand. The graveyard of failed search engines is long and deep, and while there are still challengers promising safer or more relevant results, Google’s market share only goes in one direction: up. But when it comes to mobile, the market is playing …

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Google’s platform is designed to “make your life better,” executive chairman Eric Schmidt told CNBC on Wednesday, dismissing claims by Apple’s chief that the search giant sells personal data to advertisers. Apple’s Tim Cook issued a not-so-subtle broadside last week aimed at Google and Facebook, saying: “We don’t build a profile based on your email content or web browsing habits to …