Can PayPal Beat Apple, Google, Amazon And Icahn In The Wallet Wars?
Become a member: Subscribe
NTS Headlines
Headlines by Category
Headlines by Year
Solari’s Building Wealth materials are organized to inspire and support your personal strategic and financial planning.
Building Wealth
This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
Connect with the wider network of like-minded Solari subscribers using our in-house social media platform, Solari Connect.
No posts
Can PayPal Beat Apple, Google, Amazon And Icahn In The Wallet Wars?
(Photo Credit: Eric Millette For Forbes)
By Steven Bertoni
PayPal is in the center of two battles: one for control of every transaction on the planet, the other for control of its own destiny.
The clogged roads of San Jose teem with Priuses, which merely serve as earnest slalom gates for David Marcus to blow through in his black Porsche Panamera Turbo on a January afternoon. The 40-year-old president of PayPal has been in a rush since taking the top job 21 months ago. He’s overseen a sweeping overhaul of the payment company’s technology. He’s rolled out a passel of new products to let his 143 million users pay with their phones. And he’s seen his parent company, eBay, become a public target–Carl Icahn has quietly amassed a 2% stake, ahead of a just-promised proxy fight–as the division he runs increasingly appears more valuable than the core business that purchased it.
