Jeff Bezos's plan to shiv Meg Whitman
Owen Thomas · 08/03/07 01:49PMAmazon.com has, as expected, revealed the details of its new payment service in a lengthy, meandering blog post. Don't bother reading it: The geeks in Seattle take forever to get to the very sharp point. The short version? Jeff Bezos is planning to plunge a long knife right into the heart of eBay CEO Meg Whitman's most important growth business, PayPal. Here's the secret of how the eBay-owned payments service mints money — and how Amazon.com's founder is crafting a boldly savage plan to gut it.