Reuters:
David Marcus, who has led eBay Inc’s fast-growing payments unit PayPal for the past two years, will step down this month to run Facebook Inc’s messaging products, the companies announced on Monday.
In the newly created role of vice president of messaging products, Marcus will oversee the Messenger service within Facebook’s social network as well as the free Messenger mobile app, but not WhatsApp, said Facebook spokeswoman Vanessa Chan.
Roughly 12 billion messages are sent every day on Facebook, and the Messenger app has more than 200 million users, according to the company.
Given the complete lack of a messaging component in PayPal, I wonder what drove Facebook to make this particular hire.
free money transfers via FB Messages (a la square cash and google wallet)?
“The company’s president David Marcus seems to be very interested in the virtual currency [Bitcoin], and says his company is “thinking about” potentially including it one day, according to a Bloomberg video interview published on Wednesday.”
Zuckerberg is not going to let the Winklevoss twins win the bitcoin war, and that’s why he’s getting this guy on board his team.
I already know I’m crazy, but feel free to second that.
I’m so glad I can come here and read about what you don’t know.
I’m thinking security. FB and other US-based internet/Social Media companies are looked at with increased skepticism regarding security since the Snowden/NSA revelations. PayPal knows secuirty and the idea of a secure messaging service would help FB gain confidence, especially in Europe and east Asia.
Do you spew like this at other tech sites? Or are you just hanging around here looking for work?
What do you mean looking for work? Jim and Dave are paying me to flame them in the comments area to generate controversy. This is my work.
I see. Well, then. Carry on. Don’t ever change.