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eBay and PayPal officially part ways today
We knew eBay and PayPal were headed to splitsville this year, and now it's actually happening. The auction site and the payment service separated into two disparate companies today, PayPal is getting its own stock ticker, starts trading on the New York Stock Exchange come Monday and, according to Business Insider that doesn't look so good for eBay. As the site tells it, PayPal's been the reason for "most" of eBay's gains for the past three years, and "nearly all" of it for 2015. eBay revenues have already jumped seven percent thanks to higher demand for PayPal, according to Reuters. Maybe the online auction house can use the $925 million it got from the PayPal sale to figure out a way to become profitable -- crazier things have happened. [Image credit: Associated Press]
Ofcom invites suggestions on how to handle BT and Openreach
When Ofcom announced its new "Strategic Review of Digital Communications," the last of which forced BT to create Openreach, Sky and TalkTalk immediately came forward calling for both businesses to be broken up once and for all. Today, the regulator has published a discussion document for the review which details the different approaches now under consideration. Nothing has been left off the table, it seems -- they include keeping the current model, strengthening the controls that keep BT and Openreach's relationship in check, substantial market deregulation and, finally, complete separation.
Paradox Interactive drops Salem; Seatribe to continue development
If a game has spent a year in beta with no launch in sight, good things are not generally around the corner. So it goes for Salem, the early-America-themed permadeath sandbox MMO. Paradox Interactive has decided to separate from the title altogether, leaving all costs and work associated with the game in the hands of the two-man development team at Seatribe. The split will be final on July 8th, with a slow phase-out in place until then. According to the official announcement, both Paradox Interactive and Seatribe feel that this decision is for the health of the game now and in the future, and there are no immediate plans for a shutdown or anything of the sort. Players will be given a discount coupon for Paradox Interactive's online store and a free bundle of Salem's microtransaction currency. What happens with the game after the handover is complete remains to be seen. [Thanks to Chrysillis for the tip!]
Microsoft and NBC reportedly calling it splitsville on the web, MSNBC.com to get friend-zoned
Microsoft and NBC have had what you might call a complicated relationship. They've been separated in the TV space ever since MSNBC became a solely NBC-owned entity in 2005, but the online fling has carried on to this day. If Daily Beast's tipsters are right, however, NBC may get a little less ambiguous with its relationship status and kick Microsoft to the curb. The now Comcast-owned NBCUniversal is supposedly irked at having to share equal control over the MSNBC website and wants to send Microsoft packing, buying out Redmond's 50 percent stake. While the existing management would stay, MSNBC's online staff would quit Microsoft's campus and hop over to an NBCNews.com domain to reflect their newfound independence. An NBC representative wouldn't confirm that an agreement had been signed, but did say talks had taken place -- certainly much more of a response than most rumors get. With a signed deal rumored in a matter of "days," there won't be long to wait before we learn whether or not Microsoft gets dumped once and for all.
