eBay to Open Tech Center in New York
eBay is opening a New York City office that will focus on advanced technical development. Chris Dixon, co-founder of Hunch, which eBay acquired in late 2011, will head the eBay Technology Center of Excellence. The New York office will feature a large public event area and dedicated space for startup and entrepreneur incubation. The office will also include a permanent installation called the PayPal Shopping Showcase that will "offer a look at the not-too-distant-future, when how we shop will have changed dramatically from our experience today."