Online auction giant eBay paid only £1.2 million ($1.92 million, 1.47 million euros) in tax to the British government despite generating £800 million in sales in the country, the Sunday Times reported.
EBay reported Tuesday that its third-quarter net income rose 22 percent thanks to higher revenue at its PayPal payments service and at the marketplaces business that includes eBay.com.
(AP)—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.
Online commerce giant eBay unveiled a new look for its website Wednesday inspired by social networks, giving consumers personalized suggestions to help them sift through the huge shopping site.
A letter in which Albert Einstein dismissed the idea of God as a product of human weakness is being sold on eBay for a starting price of $3 million.
The advertising-supported Internet "ecosystem" generated $530 billion last year and supported 5.1 million jobs in the United States, an industry study said Monday.
In a memorable episode of "Seinfeld," George suffers from back problems because of a ridiculously overstuffed wallet. His wallet later explodes. The episode mocked one of the inconveniences of the modern world, the explosion ...
A new Washington lobby group—comprised of the biggest firms in the online space—formally launched Wednesday, saying it would fight for a "free and innovative" Internet.
US Internet auction giant eBay is banning sales of copies of French magazine Closer that feature photos of Prince William's wife Catherine topless, the website said on Tuesday.