By Deepa Seetharaman and Alexei Oreskovic SAN FRANCISCO (Reuters) – David Marcus, who has led eBay Incs fast-growing payments unit PayPal for the past two years, will step down this month to run Facebook Incs messaging products, the companies announced on Monday. Under Marcus, PayPal has moved more aggressively into the physical world by developing […]

In a crazy twist of fate worthy of a Steven King novel or a Bachelor Pad finale, PayPal president David Marcus recently became the victim of credit card skimming and a bunch of fraudulent transactions in the UK. According to Mr. Marcus’s Twitter feed, the PayPal president believes his card was probably skimmed at his hotel. […]