Corey Weisenbarn

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PayPal buys money-sending service Xoom in $890 mn deal

PayPal, a subsidiary of eBay, will pay $25 per share of Xoom in what amounts to a premium of 32 percent over the stock's average price over the past three months.<p>PayPal touted Xoom as a leading service for letting people in the United States pay bills or send money to family members or friends in …

FinTech

Apple Music: Everything you need to know before it launches this Tuesday

Apple got tired of seeing iTunes customers walk across the street to Spotify, so it finally decided to launch its own subscription streaming service, Apple Music. The service was announced at Apple’s developer conference earlier this month, and will launch this Tuesday, June 30.<p>The new service will …