PayPal Agrees to Buy Xoom for $890 Million
By Connie Loizos Xoom, a San Francisco-based online money transfer technology and services company that went public in 2013, is being acquired by PayPal for $25 per share in cash or $890 million. The price represents a 32 percent premium over Xoom’s three-month volume-weighted average price. As stated in a PayPal-issued release about the tie-up, “Acquiring Xoom allows PayPal to offer a… Read More
Via: http://feedproxy.google.com/~r/Techcrunch/~3/KdVhnPuzT5U/
About author
You might also like
U.S. Wins Women’s World Cup Final Over Japan 5-2
By Shereen Marisol Meraji The game played in Vancouver, Canada, was a rematch of the 2011 World Cup final, which Japan won in a dramatic penalty kick shoot-out. The U.S.
Sphericam 2 Is A 4K 360-Degree Camera Built For The VR Era
By Fitz Tepper One of the main issues with current 360-degree VR technology is that a successful experience typically requires a user to have both creation and consumption devices. While
ISIS Claims Responsibility For Attack On Italian Consulate In Cairo
By Scott Neuman A group calling itself Islamic State in Egypt said it carried out the car-bomb attack that killed one person and caused serious damage to the diplomatic compound.
