PayPal's David Marcus Will Lead Mobile Messaging at Facebook

PayPal president David Marcus has left to steer mobile messaging at Facebook. Facebook claims that its standalone messaging app, called Messenger, is now used by more than 200 million people monthly. And the company's blog post today suggested that Marcus would lead that specific part of the business as well as Facebook's larger mobile messaging endeavors. In March, Forbes coverboy Marcus told the magazine that PayPal wanted "to redefine money." Well, it appears he will bring the same ambitions to CEO Mark Zuckerberg's social media giant, which—while a mobile advertising juggernaut—has never gotten a firm grip on the commerce game. Since Facebook doesn't run ads in Messenger, it's reasonable to wonder if they want to monetize the app with a payments play of some kind. Marcus' experience in that regard would seem to be extremely handy. Financial details of the Marcus hiring were not disclosed. PayPal compensated Marcus with a $6 million salary last year, so the tech exec didn't likely come cheaply when he signed up to work under Zuckerberg and COO Sheryl Sandberg. Continue reading at 'AdWeek'

[ AdWeek | 2014-06-10 00:00:00 UTC ]
News tagged with: #firm grip #run ads #financial details

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How Mobile Webcomics Are Working to Save Reading

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Why did Putin go to war, and can Ukraine win? A leading Russia historian chimes in

Orlando Figes, whose most recent book is "The Story of Russia," on the country's love of strongmen, the fate of dissenters and how the war will end. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-09-21 13:30:12 UTC ]
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Review: ‘Life’s Work,’ by David Milch

“Life’s Work” is a memoir of outrageous youth, creative obsessions and ruinous habits. Continue reading at The New York Times

[ The New York Times | 2022-09-12 15:07:05 UTC ]
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Samiya Bashir to Lead Lambda Literary as Executive Director

Poet, associate professor at Reed College, and two-time Lambda Literary Award honoree Samiya Bashir has been selected as Lambda Literary's next leader. She spoke with 'PW' about her hopes for the organization. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-12 04:00:00 UTC ]
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She Writes Press and SparkPress: Hybrids That Lead by Example

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In Maggie O’Farrell’s ‘The Marriage Portrait,’ matrimony leads to death

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Poison pens: leading writers call for overhaul of UK’s Society of Authors

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David McCullough, master chronicler of American history, dies at 89

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[ The Guardian | 2022-07-05 13:14:24 UTC ]
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