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Despite absences, Intel still wants eBay CEO on its board
2015-05-15 19:18:33| Agriculture - Topix.net
Ahead of its annual meeting of shareholders next week, Intel Corp. is defending one of its directors amid criticism from two shareholder advisory groups. In a letter to shareholders Intel Chairman Andy Bryant and Independent Lead Director Susan Decker defend the attendance record of director John Donahoe , who is also the CEO of eBay.
eBay Backs Google in EU Antitrust Probe
2015-04-27 23:02:49| PC Magazine Software Product Guide
EBay chief John Donahoe said the EU needs to develop a better understanding of consumers' online shopping habits.
eBay profits beat expectations
2015-04-22 22:36:34| BBC News | Business | UK Edition
Online retailer eBay reports better-than-expected first quarter profits, but says a strong dollar significantly hurt the company's results.
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Ebay, PayPal agree cooperation post spin-off
2015-04-10 09:25:00| Telecompaper Headlines
(Telecompaper) Ebay announced the next step in its planned spin-off of PayPal with the filing of an updated Form 10 with the Securities and Exchange Commission (SEC). The filing includes an updated summary of the operating agreement between eBay and PayPal, which details how the two companies will continue to partner with one another and provides additional information about the prospective financial impact of the agreements between the two companies. The operating agreement which will remain in effect for five years and have a one-year transition period is aimed at preserving the benefits of the existing relationship and ensuring that the separation is seamless for customers of both companies. Ebay said it offers flexible terms in order to preserve synergies, but will allow each company to pursue its own commercial strategy. For example, PayPal can work with all commerce/marketplace companies and eBay can offer its customers alternative payment providers. Ebay will be incentivized to grow new PayPal users. "Limited" non-compete agreements will still apply, such as PayPal cannot create its own marketplace for physical goods, and eBay cannot create its own payments system on the core eBay platform. A product development agreement means that PayPal will devote resources to develop new products for eBay, and eBay and PayPal will maintain service level agreements. In addition, eBay board member Tom Tierney was named chair of the new eBay board, replacing eBay founder Pierre Omidyar. Omidyar will serve on both the eBay and PayPal boards in a non-chair capacity. The aim is for the spin-off to take place in the second half of 2015.
Why Are Top Merchants Abandoning eBay (NASDAQ:EBAY)?
2015-04-08 22:06:57| IT Services - Topix.net
Some of its top merchants are abandoning the platform and taking their business to another online juggernaut, Amazon! Over the past twelve months Amazon has doubled the number of merchants selling on the platform to over 2 million. While that is still way behind eBay which boasts over 25 million.
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ebay
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