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PayPal expands One Touch program to new markets in Europe, Australia

PayPal, which separated from eBay Inc last month, is a formidable player in the fast-growing payments industry, which has attracted new entrants like Apple Inc.

EBay sells enterprise unit ahead of PayPal split

E-commerce company eBay Inc said it was selling its enterprise business to a consortium led by private equity firm Permira for $925 million, as it streamlines its operations ahead of the separation from PayPal Holdings Inc .

EBay adds weight to Google's Brussels antitrust defence: Report

EBay Inc Chief Executive John Donahoe has added weight to Google Inc`s defence in an antitrust case, saying the two companies are direct competitors in online shopping, a newspaper reported.

EBay profit beats as revenue surges from PayPal business

E-commerce company eBay Inc reported a higher-than-expected quarterly profit as revenue surged from its payments business that includes PayPal, which the company said would be spun off in the third quarter.

Ebay considering cutting 10% of workforce

Online retailer eBay Inc is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported.

Alibaba open to working with PayPal: Report

Alibaba Group Holding Ltd is open to working with eBay Inc`s PayPal to expand its payment options, Bloomberg reported, citing an interview with the Chinese e-commerce company`s vice chairman.

EBay cuts 2014 revenue forecast, shares tumble

EBay Inc cut its 2014 revenue forecast to less than $18 billion on Wednesday and issued a lower-than-expected outlook for the critical holiday-dominated fourth quarter, sending shares down more than 3 percent in after-hours trading.

Investors, activists press eBay, others to break up with ALEC

More than 80 environmental, labor and civic groups on Tuesday urged eBay Inc to end its association with the political group the American Legislative Exchange Council (ALEC), weeks after Google Inc abruptly left ALEC over its views on climate change.

EBay chief technical officer departs to deal with family matters

EBay Inc`s Chief Technical Officer Mark Carges has resigned to focus on "a family matter," the online retailer said on Thursday without naming a replacement.

EBay beefs up US war chest in pursuit of growth

EBay Inc is preparing to bring a major portion of its foreign earnings back into US.

Icahn calls on eBay to sell 20% of PayPal in an IPO

EBay bought PayPal for USD 1.5 billion in 2002.

EBay founder rejects Icahn''s call for PayPal spinoff

EBay Inc founder said that both the businesses were better off together.

Group charged in PayPal cyber attack pleads guilty

A group of 13 defendants who had been charged in a cyber attack on PayPal`s website pleaded guilty and admitted to the December 2010 attack over PayPal`s suspension of WikiLeaks accounts.

eBay founder to launch independent mass-market news venture

eBay Inc founder Pierre Omidyar on Wednesday said he is building an independent media organization covering news from sports to politics for mainstream readers, spearheaded by big names including ex-Guardian correspondent Glenn Greenwald.

eBay to acquire payment platform Braintree for $800 mn

Online commerce major eBay Inc has agreed to acquire payment platform Braintree for about USD 800 million in cash in order to strengthen its PayPal business.

HP names Whitman CEO, Apotheker out

Hewlett-Packard Co named former eBay Inc Chief Executive Meg Whitman its president and CEO, replacing the harshly criticized Leo Apotheker in a bid to restore investor confidence in the iconic Silicon Valley company.

eBay Inc Q2 profit drops 29%

Online auction firm eBay Inc has reported a 29% drop in Net Profit at USD 327mn in Q2 ended June 30, mainly due to drop in sales of its marketplaces business.