Facebook And eBay Team Up To Breathe New Life Into Social Commerce

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"We're at an inflection point", eBay CEO John Donahoe said from the stage at Innovate, eBay's brand new developer conference that launched today in San Francisco. "We'll see more change in how consumers shop and pay in the next three years than we've seen in the last 15 years".Donahoe's prediction for the future came as context for giving a more complete introduction today to X.commerce, the platform formed by eBay and its nest eggs PayPal, Magento and GSI -- designed to create a robust, full-service and "open" eCommerce solution. The eCommerce solution "to rule them all", one might say. But the real kicker is that, as Leena wrote earlier today, what X.commerce really symbolizes is the first instance of eBay creating a business that truly caters to developers. In the past, eBay developers have been divided into the eBay marketplace, PayPal, etc., but now developers have all those technologies in one place, allowing them to create "new shopping and eCommerce experiences based on these interconnected suite of tools".]]>