Carl Icahn's stake in eBay close to 2%: Source

Last Updated: Friday, January 24, 2014, 09:44

Activist investor Carl Icahn`s stake in e-commerce company eBay Inc is more than previously reported at close to 2 percent, a source familiar with the matter said on Thursday.

Icahn wants eBay to spin off Paypal; eBay balks

Last Updated: Thursday, January 23, 2014, 10:53

Activist investor Carl Icahn has taken a stake in Ebay Inc and is proposing a spin-off of the company`s fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle.

Motorola Moto G selling online at Rs 19,999

Last Updated: Saturday, January 4, 2014, 17:56

In other news, it has been reported that Best Buy stores are now getting Verizon’s version of the Moto G, and that it is being offered at the promised price point of USD 100.

eBay likely to launch own virtual currency

Last Updated: Friday, January 3, 2014, 19:08

The patent application proposes secure tokens that would let people buy products without creating a payment provider account.

US man arrested for stealing brains, selling them online

Last Updated: Friday, January 3, 2014, 16:41

A 21-year-old man has been arrested in the US for allegedly stealing brains of dead mental patients from a medical history museum and selling them on an online trading website.

Group charged in PayPal cyber attack pleads guilty

Last Updated: Saturday, December 7, 2013, 20:48

A group of 13 defendants who had been charged in a cyber attack on PayPal`s website pleaded guilty and admitted to the December 2010 attack over PayPal`s suspension of WikiLeaks accounts.

eBay scam: Father orders Xbox One for 450 pounds, gets picture of console instead!

Last Updated: Friday, December 6, 2013, 17:35

Peter Clatworthy, 19-year old, had saved up all year to buy the Microsoft console for his four-year-old son.

Second-hand memory cards pose identity theft risk, warn experts

Last Updated: Monday, December 2, 2013, 19:48

Selling old memory cards on sites like eBay without proper deletion of previous data may lead to identity theft, security experts have warned.

eBay incurs $26 mn in severance, other costs on restructuring

Last Updated: Tuesday, November 19, 2013, 19:50

The US-based company had implemented a global restructuring plan, which included reducing its global workforce by about 600 employees.

Morgan Stanley says Internet companies overvalued, lowers view

Last Updated: Tuesday, November 12, 2013, 09:08

Morgan Stanley lowered its industry view on internet stocks to "in-line" from "attractive," saying growth in the sector needs to accelerate to justify current valuations.

eBay apologises for putting up Holocaust memorabilia on sale

Last Updated: Monday, November 4, 2013, 14:13

eBay has reportedly apologized for putting up Holocaust memorabilia, including the clothes of concentration camp victims, for sale on its site.

Edward snowden journalist Glenn Greenwald to join eBay founder

Last Updated: Thursday, October 17, 2013, 17:43

Glenn Greenwald of The Guardian, who earned notoriety for reporting the revelations by Edward Snowden about National Security Agency surveillance, is joining a new media venture being set up by eBay founder Pierre Omidyar.