Max Levchin News
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Yahoo! Inc., the largest U.S. Web portal, appointed Yelp Inc. Chairman Max Levchin to its board, as Chief Executive Officer Marissa Mayer works to restore management stability and reverse three years of revenue declines.
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The fortunes of the so-called PayPal Mafia are poised to grow.
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Jeremy Stoppelman, who watched his seven-year-old company jump as much as 73 percent on its first day of trading today, got to this point by shunning offers that other startups would have found hard to resist.
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Campaign politics were already whipping Washington into frenzy. A split Congress shunned compromise on financial rules or fixes for the economy.
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Google Inc. said it’s shutting Slide, the social-gaming business it bought for about $200 million last year, and that Max Levchin, the chief executive officer of the acquired company, is departing.
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Amazon.com Inc.’s Zappos online store has created a service that recommends purchases based on what users post on Pinterest, a move to parlay the popularity of the social-sharing site into e-commerce sales.
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Discover Financial Services, the second-best performer among 81 U.S. financial firms this year, climbed 3.9 percent to a record high and EBay Inc. shares also advanced after announcing a payment-processing deal.
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EBay Inc.’s PayPal unit, an online payments processor with more than 50 million U.S. customers, will expand acceptance of its service to brick-and-mortar stores nationwide in an agreement with Discover Financial Services.
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Stripe Inc., a San Francisco startup with an online-payment system, attracted funding from Sequoia Capital and other investors valuing the company at $100 million, said two people with knowledge of the transaction.
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Google Inc. , owner of the world’s most popular search engine, acquired social-gaming company Slide Inc., part of an effort to keep pace with Facebook Inc. by offering social networking and entertainment.
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