EBay recorded a loss in the first-quarter due to a hefty tax charge on foreign earnings, but revenue jumped as more customers shopped at its e-commerce site and its PayPal payments business stayed strong.
Online retail giant eBay said Thursday it had reached a deal with activist investor Carl Icahn, who had demanded a spinoff of the payment division PayPal.
After earning his Ph.D. in economics in 2012, Matt Backus took a somewhat unusual postdoctoral position. Instead of heading off to the ivy-covered walls of a university, he joined other academics at eBay Research Labs.
EBay accused Wall Street activist Carl Icahn of playing with the truth Wednesday as it defended itself against a fresh assault on the company's directors.
Corporate raider Carl Icahn took aim at eBay Monday, calling it to hive off payments unit PayPal while blasting its directors for conflicts of interest and its CEO as "asleep".
EBay is reporting higher earnings and revenue for the last three months of 2013, driven by a strong holiday season for its e-commerce site and PayPal.
EBay said Wednesday that activist investor Carl Icahn had taken a stake in the online retailer and was seeking a spinoff of its PayPal financial payments unit.
Businesses spend billions to reach customers through online advertising but just how effective are paid search ads? Using data from eBay, economist Steven Tadelis at UC Berkeley's Haas School of Business compared whether ...
Cosmetics giant L'Oreal and online auctioneer eBay buried the hatchet on Wednesday after more than six years of court battles over the sale of counterfeit goods, a joint statement said.
Researchers have looked at why anonymous traders using eBay auction sites bother to give feedback on one another, given such transactions are usually one-offs.