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REPORTS

U.S. brokers move closer to national MLS

An alliance of U.S. real estate brokers continue filling the leadership team needed to create a national consumer-facing multiple-listing service. Former Trulia exec Alon Chaver has joined Broker Public Portal’s board of managers – one of two outside directors allowed...

EBay’s PayPal suspends operations in Greece

Greeks can no longer use PayPal to transfer money, financial news site Quartz reported today. Financial controls in place to staunch the flow of money bleeding from Greece have crippled the service, which relies on banks and credit cards to transfer funds. Quartz also...

PayPal acquires Xoom ahead of EBay split

PayPal has acquired Xoom Inc.,  a money-transfer service provider with a footprint in China and Spanish- and Portuguese-speaking countries, for about $890 million, or $25 a share for the publicly traded company (Nasdaq:XOOM). Interesting timing, given that EBay...

EBay’s future CEO’s vision for EBay’s future

Nice article in Internet Retailer featuring EBay’s Devin Wenig, who’ll be EBay’s CEO as soon as the PayPal spinoff is complete. In it, Wenig acknowledges his challenges to redefine EBay after PayPal. “EBay has to stand for something unique in the world,” Wenig told...