eBay Announces Plan to Separate From Payments Unit PayPal

The transcript discusses American Express as a travel card company, PayPal's executive changes with Dan Schulman joining, and its competitors like Apple and Amazon. It highlights Apple's entry into the payment system and its impact on the ecosystem. eBay's response to activism and corporate changes is explored, along with new finance rules and activist strategies. The growth of PayPal and its threat to Visa and MasterCard is analyzed, and Apple's favorable terms with credit cards are discussed.

What are the main differences between American Express and typical banks in terms of their business model?

What potential threats does Apple pose to PayPal and other payment systems?

In what ways have corporate executives at eBay had to adapt to changes in the market?

Discuss the impact of activist investors on the banking industry as mentioned in the text.

How has PayPal's growth compared to the overall market since 2011?