EBay to Spin Off PayPal, Adopting Strategy Backed by Icahn  

NY Times By : MICHAEL J. DE LA MERCED

EBay said on Tuesday that it would spin off its PayPal payments unit into a separate publicly traded company, taking a step the activist hedge fund magnate Carl C. Icahn first demanded nine months ago.

The move will cleave eBay almost in half, separating it from the payments processor it acquired 12 years ago and built into a giant that generates almost half of the company’s revenue. - Full Article


Chinese government approves iPhone 6 for sale  

The Telegraph By : Rhiannon Williams

The iPhone 6 and iPhone 6 Plus will be sold across China from October 17 following approval from the Chinese government.

Apple was approved to sell the handsets following "rigorous security testing" and addressing risks of personal information leaks related to iOS 8's diagnostic tools, according to China's Ministry of Industry and Information Technology (MIIT). - Full Article


Tracy Morgans injuries in deadly crash were his fault, Wal-Mart says in response to lawsuit  

NY Daily News By : GINGER ADAMS OTIS

Wal-Mart defended itself Monday against a lawsuit by former ‘SNL’ funnyman Tracy Morgan by filing papers that threw blame for his injuries back on him.

The comic created his own suffering by failing to wear a seat belt June 7, when the deadly crash occurred, Wal-Mart claimed. Morgan, 45, had sued the retail giant in July in U.S. District Court in New Jersey. - Full Article


Windows 9: What it has to strategically accomplish  

ZDNet By : Larry Dignan

Microsoft on Tuesday will preview its next operating system---code named Threshold and expected to be Windows 9---and the rollout is critical to make CEO Satya Nadella's master plan a success.

As noted previously, Nadella is steering Microsoft around a platform and productivity mantra with a heavy dose of cloud and mobile. - Full Article


Is there a recipe for going viral? Experts offer suggestions  

Biz News By : Staff Reporting

Psy was a completely unknown Korean pop star until the summer of 2012, when he released his smash hit single, “Gangnam Style.”

Since then, the music video has shattered all records by becoming the single most watched video of all time, reaching more than two billion views in May 2014. Two billion is a huge number. - Full Article


Twitter Uses War Room to Coax Marketers Into Spending  

Ad Age By : Mark Bergen

Twitter is building up a war room to coax marketers into spending around big events.

The top general is Ross Hoffman, director of brand strategy. Mr. Hoffman joined Twitter in 2010, long before its IPO and when its ad products were in their infancy.

Before that, he worked on business development and strategic partnerships with YouTube, overseeing the video platform's live-streaming strategy. - Full Article


Signs of the times: Digital displays light up common areas  

Finance Commerce By : Frank Jossi

Earlier this year Gaviidae Common I in downtown Minneapolis unveiled a digital signage installation featuring two 40-foot-long LED banners hanging from the top level of the atrium and an LED ring positioned between the first floor and skyway.

On the skyway, two kiosks also offer an interactive display for visitors to find their way around the building, at 651 Nicollet Mall, and the surrounding neighborhood.- Full Article


Who replaces Derek Jeter? Some names 2 consider  

USA Today By : Paul White

However the Yankees choose to handle Derek Jeter's last moment at shortstop this week, the transition will be temporary.

Barring a miraculous recovery in the Yankees' waning participation in the wild-card race, two bits of suspense remain. - Full Article


Owner pins report on Ray Rice camp  

ESPN By : Staff Reporting

Baltimore Ravens owner Steve Bisciotti responded Monday to an ESPN investigative report into the team's handling of Ray Rice's domestic abuse case, saying that a significant amount of the information in the story was "manufactured" from accounts provided by the running back's inner circle.

Bisciotti addressed the ESPN "Outside the Lines" report during a 45-minute news conference, saying he believes that Rice's camp is attempting to "build a case for reinstatement." - Full Article


Family Court Rules That You Can Serve Someone With Legal Papers Over Facebook  

Slate By : Lily Hay Newman

A New York City family court ruled on Sept. 12 that a Staten Island man could use Facebook to serve his ex-wife with a legal notice about child support.

According to the New York Post, Staten Island Support Magistrate Gregory Gliedman noted in his decision that it was the first such decision in New York or the United States in general (excluding situations in which the person being served was overseas).

Noel Biscocho was allowed to serve Anna Maria Antigua through social media because... - Full Article


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