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EBay profit falls on charges, results beat Street

EBay Inc.'s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of retail website operator ...

PayPal letting Google phones swap cash

Online financial transactions giant PayPal on Wednesday showed off a mini-program that lets people exchange money by touching together a pair of Google smartphones.

eBay buying Zong for $240 million

PayPal owner eBay said Thursday that it has agreed to buy mobile payments provider Zong for $240 million in cash.

EBay sells a piece of papal history

The online auction site eBay, with a plethora of things up for sale, recently put on the block a bit of papal history, the identity card of Albino Luciani, who later became pope John Paul I.

Copious looks to be the eBay of the Facebook era

(AP) -- A group of Silicon Valley veterans are building a shopping service around the idea that Facebook's real-identity system is good for building trust in online commerce.

Rivals likely to reach for Google's 'Wallet'

With the announcement of "Google Wallet" the Internet giant became the first player to dash into a future where people use smartphones as credit cards, but rivals are expected to cut its lead short.

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