Rosetta Stone names Westley Stringfellow Chief Product Officer Stringfellow joins the company from PayPal (EBAY), where he served as the company's senior director and group head of Global Product Platform.
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Amazon payment move complements e-commerce platform, says RW Baird Baird said Amazon's (AMZN) launch of the "Local Register" payment and card reader system is not a surprise after the company's acquisition of assets from GoPago and that the move is complementary to Amazon's e-commerce platform. Baird said Amazon's system will compete with Square and eBay's (EBAY) payment product "Here" and added that it expects Google (GOOG) and Apple (AAPL) to expand their existing payment initiatives. The firm maintains its Outperform rating and $400 price target on Amazon.com.