EBay grew its earnings and revenue in the first quarter thanks to growth in its PayPal business and its e-commerce sites. But revenue fell shy of Wall Street’s expectations, causing investors to send the company’s stock lower in after-hours trading.
It’s the holidays. You have to buy gifts, but your bank account demands thriftiness and you need to avoid overspending. If you are one of many Americans who have been hit hard by the economy and are looking for ways to spend wisely over the holidays, here are a few suggestions, with input from a South Bay financial advisor.
The Justice Department is suing eBay Inc., accusing the company of eliminating a significant form of competition by agreeing with Intuit Inc. not to hire each other’s employees.
PayPal said it was cutting 325 full-time jobs in a move to streamline the business.
Two former employees of the San Mateo County Community College District have been arrested on suspicion of embezzling more than $100,000 in public money while they worked at the college, authorities said.
EBay said Tuesday that its third-quarter net income grew 22 percent, helped by higher revenue at its PayPal payments service and the marketplaces business that includes eBay.com.
EBay’s PayPal unit is planning layoffs in the coming weeks as it tries to refocus and operate more like an agile startup than a large company, according to people familiar with the matter.
eBay has unveiled a redesigned site in hopes of making browsing online more like window-shopping.
The Bay Area Internet company eBay has canceled the sale of a Halloween mask of Colorado movie theater shooting suspect James Holmes.
Authorities say a Silicon Valley software executive put fake bar codes on Lego sets at various Target stores, bought the toys at a steep discount, then sold them online for thousands of dollars.