PayPal is now independent from eBay and is now a publicly traded company. Thanks to billionaire investor Carl Icahn whose pressure led to splitting the gigantic company.
This therefore means, any of the big guys in tech can potentially acquire PayPal – the world’s largest and most secure payment processor.
Well, if you think this is bad news, it was quite the opposite for investors as eBay’s stock saw a 7% increment in price.
Google Wallet was an embarrassing attempt to take on PayPal and Microsoft has tried to destroy PayPal dominance, but all attempts have hit the brick-wall. Apple is still working on the Apple Pay and integrating PayPal into the system seems to be nearing success. But with development like this, and the amount of money these guys have to play with, it wouldn’t be crazy if either of them decide to grab PayPal as Bill Smead says in the video bellow.