Showing posts with label PayPal. Show all posts
Showing posts with label PayPal. Show all posts

Sunday, February 20, 2011

EBay and PayPal Developer Merge programs

The PayPal Developer program and eBay will be merged in order to establish a common platform that will allow external programmers to create applications with features of both e-commerce and payment for a wide range of devices.

"Trade online and offline are converging in a ' new retail experience, powered by innovation, mobile, digital, social and local. In this new environment, people want a seamless shopping and integrated payments solution and that works anytime, anywhere--on any connected device, "Matthew Mengerink, who will lead the combined developer program, wrote in a blog post.

Mengerink did not provide specific details about the process of combining programs and platforms, but said more details will be forthcoming and that eBay will hold a single developer conference this year, innovate, in October.

Developer programs provide a variety of tools and resources for third-party programmers create applications complementary to PayPal and eBay merchants. Over the years, eBay, which owns PayPal, said that these external programmers are the key to the success of your eBay and PayPal online payment system.

Gartner analyst Ray Valdes has said there are two ways to view the decision to merge the developer programs.

"The first is that it is optimizing costs and consolidation, join a community of developers two fashion uncomfortable with different needs," said via e-mail.

The other possibility is that the combination is "synergy" and an opportunity to inexpensively through a wide-ranging, integrated in uppercase.

"I think there's a kernel of truth in both interpretations, and the final result depends on how well the team combined running," says Valdes.

The news comes just weeks after Osama Bedier left his post as head of PayPal Developer team to take a job at Google. Mengerink was appointed as his successor.

Last year, PayPal has taken a bigger profile in the financial framework of eBay, driving a lot of growth of the company, while the revenue from core business marketplace eBay seems stuck on a plateau.



Tuesday, February 15, 2011

Co-founder of PayPal: Facebook could be "the most important companies in the world"

Max Rafael Levchin, co-founder and former CTO of PayPal, has had some good things to say on Facebook, today, the Goldman Sachs Technology and Internet Conference in San Francisco. Levchin and Bill Gurley of Benchmark Capital has responded to questions about "game-changing technology," one of which was the unprecedented growth of Facebook and its impact. Levchin reportedly claimed that Facebook could become the "most valuable companies in the world" if it can successfully replace core messaging "," according to Mashable:

"Facebook has monopolized all but white pages correctly," Levchin said, explaining that, when you want to find and connect with someone, go to Facebook. Unlike white pages, however, Facebook has also information on a person's interests, tastes and social graph. That alone has turned Facebook into a company of 50 billion dollars. However, Levchin says that becoming the repository for personal information that could lead to "" Facebook successfully replacing the core messaging. If it becomes the primary communication platform on the web, could become the most valuable company in the world.

As a side note, the giant social networking certainly wants to pull it off. Rumors say executives want to see Facebook to turn the company around the world the first trillion dollars.

Levchin founded another company in 2004: Slide, a personal media sharing to social networking sites like MySpace and Facebook. Google bought the company in August 2010 for 182 million dollars, and so now works for the search giant, as one of the many people of the company with the title "vice president of Engineering."

It is therefore no wonder that Levchin was quick to point out that Facebook should not be confused with demand generation, or request Discovery (search thinks). The Ukrainian-BORN computer scientist and entrepreneur says that he had read that signals social graph are not particularly effective in optimizing search related advertising. I would say that this may be for today, but what's coming tomorrow has simply not yet materialized. Facebook has some of the best engineering talent in the world.

Emil is currently employed at Research in Motion. Has no investment.