kpix-7-2013-masthead kcbs 7-2013-masthead

E-Commerce

Photo Credit: Thinkstock

Tech Report: Shopping Startup Fab Grows Quickly

E-commerce startup Fab is quickly growing. The company, which uses flash sales to sell products, is expected to reach 8 million users in the next week.

10/12/2012

The Yahoo logo is seen on a sign outside of the company's headquarters in Sunnyvale. (Justin Sullivan/Getty Images)

Yahoo To Sell Half Its Alibaba Stake For $7.1 Billion

Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.

05/21/2012

EBay PayPal

EBay Revenue Higher In 2nd Quarter; Profit Falls On Acquisition

EBay Inc.’s second-quarter results beat analyst expectations Tuesday with growth in its PayPal online payment service and marketplace business – although profit fell 31 percent on charges from its recent purchase of e-commerce retail site operator GSI Commerce.

CBS San Francisco–07/20/2011