PayPal unveiled a pair of moves recently that amount to the biggest endorsement yet by a major company of Bitcoin, the virtual currency that lets owners trade it online to anyone who will accept it as payment for goods and services. The issue of PayPal’s future will be underscored now that eBay (EBAY) has announced that it will spin off its payments unit as a separate public company in late 2015. Critics had chided PayPal for not making virtual
Leading videoconferencing and telepresence gear makers Cisco Systems and Polycom are facing increased competition from China’s Huawei Technologies even as revenue growth in the market flattens. In 2018, global sales of videoconference and telepresence gear will reach $1.997 billion, barely up from $1.987 billion this year, says market research firm IDC. The market is in flux as customers sort through an increasing number of products with varying
One confusing — and controversial — element of investing surrounds the issue of disclosure. What are companies obliged to tell the public with their quarterly earnings? Can investors do anything to nudge the companies into disclosing more information? True, firms release a dizzying array of financial data every three months. But on some topics, they can release … nothing. This subject can be particularly sensitive when dealing with high-profile