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Source: Yahoo CEO says he didn't mislead company

(AP) -- Yahoo CEO Scott Thompson is assuring his colleagues that he didn't supply the incorrect information that led the troubled Internet company to list a bogus college degree in his official biography, according to a ...

EBay posts higher 1Q net income and revenue

(AP) -- EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's ...

Police bust online narcotics 'Farmers Market'

US authorities announced the bust of an online narcotics "Farmers Market" where people around the globe could buy LSD, ecstasy and other illicit substances.

PayPal to expand in Asia after mobile app launch

PayPal Asia-Pacific chief Rupert Keeley said Friday the US company plans to expand in the region over the next 12 to 18 months, after it launched the region's first payments service for smartphones.

PayPal fattens digital wallet

PayPal on Tuesday pulled out a revamped digital wallet service amid rumors it is poised to introduce a plug-in gizmo that will let small businesses accept credit card payments using smartphones.

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