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eBay Inc


  • *Felix Capital Partners will focus on Europe. LONDON, June 3- Frederic Court, one of Europe's standout early-stage investors in recent years, has formed a venture capital firm to invest in digital fashion brands and enabling technologies. His new firm, London- based Felix Capital Partners, will focus on first- and second-round investments in online retail,...

  • NEW YORK— Upgrading your phone is no longer as simple as paying $100 or $200 and extending your service contract by two years. With contract plans, you're paying $40 to connect a smartphone. With full-price or leasing plans, you're paying $15 or $25.

  • June 1- An online auction for the right to dine with billionaire investor Warren Buffett and raise money for a San Francisco charity has started strongly, with the top bid surpassing $1 million in less than a day. As of 2:30 p.m. EDT Monday, the top bid was $1,000,100 in the eBay auction, which ends at 10:30 p.m. EDT Friday. This year's winner can bring up to seven...

  • Bidding window opens for annual Buffett lunch auction Sunday, 31 May 2015 | 10:24 AM ET

    OMAHA, Nebraska— Billionaire Warren Buffett will again try to sell the world's most expensive lunch this week to raise money for a San Francisco charity that helps the poor and homeless. Over the past 15 years, Buffett's lunch auction has raised $17.9 million for the Glide Foundation. The 16th annual lunch auction starts Sunday with a $25,000 minimum bid on eBay,...

  • Najarian buys eBay ahead of PayPal spinoff Thursday, 28 May 2015 | 11:44 AM ET
    EBay headquarters in San Jose, Calif.

    "Halftime Report" trader Jon Najarian bought shares of eBay after spotting a trend of unusual activity in the options market.

  • PITTSBURGH— A judge on Thursday sentenced a Pittsburgh man to 7½ years in federal prison for his role in a counterfeit money scheme based in Uganda and several other scams. Court documents show Graziano was a bit player in the counterfeiting scheme allegedly masterminded by Ryan Gustafson, 27, who has been jailed in Uganda since his arrest there in December.

  • 19 famous companies that had different names Tuesday, 26 May 2015 | 4:13 PM ET

    In many cases, a brand's name can make or break its success.

  • Early movers: TWC, AAPL, CTRP, CRM, GM & more Tuesday, 26 May 2015 | 7:54 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • TORONTO, May 25- Canadian e-commerce start-up Shoes.com Technologies plans to go public this fall following a private funding round that tapped high-net-worth individuals and private institutional capital, Chairman Roger Hardy said on Monday. The company raised C $45 million earlier this month, valuing it at C $320 million. The e-commerce industry,...

  • Cramer Remix: Why you need to avoid Chinese stocks Thursday, 21 May 2015 | 7:24 PM ET
    Jim Cramer on Mad Money.

    Is your portfolio exposed to issues overseas? “Mad Money” host Jim Cramer has answers.

  • Cramer: PayPal—Your favorite pal with benefits? Thursday, 21 May 2015 | 6:42 PM ET
    Signage for PayPal outside the company's offices in Dubin, Ireland.

    Jim Cramer prepares investors for eBay and PayPal's planned split. Could this spin-off put your portfolio in the friend zone?

  • PayPal will be spinning off from parent company eBay later this year at a time when it's facing new competitive challenges. Alibaba, Amazon and even Facebook are promoting online payment systems, while Apple Pay and Google Wallet are competing to handle transactions in stores and on mobile devices. Schulman spoke after an event where PayPal announced new...

  • Value investor: Bet on an eBay dividend Wednesday, 20 May 2015 | 7:28 AM ET

    Susan Byrne, founder and chairman of Westwood Holdings, is making a bet that eBay will likely issue a dividend following the spin off of PayPal.

  • WASHINGTON, May 19- The U.S. consumer financial watchdog on Tuesday accused PayPal of illegally signing consumers up for an online credit product without their permission and directed the company to pay a total of $25 million in fines and consumer redress. The Consumer Financial Protection Bureau said PayPal, eBay Inc's electronic payments division, signed...

  • WASHINGTON, May 19- The U.S. Consumer Financial Protection Bureau on Tuesday said it filed a complaint in federal court accusing PayPal of illegally signing consumers up for an online credit product without their permission. The CFPB said PayPal, eBay Inc's electronic payments division, also engaged in deceptive advertising for PayPal Credit and mishandled...

  • Trader bullish on eBay   Monday, 18 May 2015 | 12:23 PM ET
    Trader bullish on eBay

    Shares of eBay could be poised for a breakout, according to FMHR trader Josh Brown. The traders provide perspective.

  • HANGZHOU, China, May 18- When it comes to fighting fakes, Alibaba's head of internet security says cooperation beats the courtroom any day. Ni Liang, who runs the Hangzhou, China- based company's anti-counterfeiting operations, was speaking to Reuters days after Gucci, Yves Saint Laurent and other luxury brands owned by Paris- based Kering SA sued Alibaba in New...

  • NEW YORK, May 15- Top U.S. hedge fund management firms, including Dan Loeb's Third Point LLC and Farallon Capital Management, trimmed some of their equity exposure in eBay Inc, but kept high positions in the e-commerce company's shares during the first quarter, according to regulatory filings. MD Sass Investors Services Inc liquidated its position in eBay,...

  • May 15- In an uncharacteristic move, activist investor Carl Icahn's Icahn Enterprises LP made a $100 million investment in Lyft Inc., adding momentum to the ride-sharing company's rapid expansion but leaving its cash pile far behind rival Uber. Technology has been a big part of Icahn's investment focus, with bets like Apple, Nextflix and eBay, but he generally...

  • Intel just scolded eBay's CEO (sort of) Thursday, 14 May 2015 | 4:59 PM ET
    John Donahoe, president and chief executive officer of eBay Inc.

    Intel told eBay CEO John Donahoe that he needs to show up at more board meetings. After a busy 2014, this year is off to a better start.