There seems to be counterattacks on many levels in Silicon Valley, reports CNBC's Jon Fortt with the latest details on the struggle to break PayPal away from eBay.» Read More
The free market is not absolutely free for all. A look at some surprising items that Americans can't sell.
Feb 20- Groupon Inc forecast a surprise quarterly loss as it spends more to advertise its online marketplace, which is expected to make up for its lagging daily deals business, and its shares fell more than 13 percent in extended trading.
Feb 20- Daily deals website Groupon Inc forecast a surprise loss for the current quarter as it spends more on marketing, sending its shares down more than 13 percent in extended trading.
Determining who belongs on CNBC's list of business influencers has led to spirited debates. How about Elon Musk and Jeff Bezos?
Are big bank leaders like Jamie Dimon the most influential on Wall Street—or activist investors like Carl Icahn?
When it comes to the most influential in tech, you might jump to Jobs and Gates. But here the names you really need to know, these pros say.
Customer satisfaction with online shopping slipped 4.9 percent to a benchmark of 78, the lowest score since 2001.
E-commerce auction house eBay became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
NEW YORK, Feb 14- E-commerce auction house eBay Inc became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
*Containers cheap to Asia due to its consumer goods exports. LONDON, Feb 14- Food importers in Asia are switching from dry bulk cargo ships to container vessels, which normally carry goods such as toys and TVs, as they offer a way to import smaller amounts and can be cheaper per tonne.
*Rakuten acquires Viber for $900 mln. *Viber purchase part of Rakuten's expansion strategy. TOKYO, Feb 14- Japanese e-commerce giant Rakuten Inc, controlled by billionaire Hiroshi Mikitani, will buy call and messaging app provider Viber Media Inc for $900 million in a deal that would more than double the number of users in its digital empire.
PayPal President David Marcus said his credit card details were stolen and the information was used to finance a spending spree.
Several auctions have popped up on the online marketplace eBay featuring iPhones that included an installed copy of Flappy Bird. USA TODAY reports.
*EU puts pressure on Switzerland to change rules. Inc is shifting its main European tax base to Ireland from Switzerland, a Reuters examination of company statements and accounts shows, as pressure mounts on the Alpine nation to abolish some corporate tax incentives.
Someone in this country becomes a victim of identity theft every two seconds, according to a new study.
Many NFL stars earn a fortune during their career, only to find themselves struggling when their playing days are over.
WASHINGTON, Jan 31- President Barack Obama will meet on Friday with the leaders of more than 20 big companies which have agreed not to discriminate against the long-term unemployed, part of his initiatives to get the jobless back to work.
*MasterCard says interference will push up consumer costs. LUXEMBOURG, Jan 30- MasterCard's five-year battle to keep multi-billion-euro cross-border card fees was dealt a blow on Thursday when an adviser to Europe's top court backed efforts to reduce such charges.
It's not just Carl Icahn—options activity indicates that another big trader is interested in eBay.
*Setback for MasterCard in fight to keep cross-border card fees. LUXEMBOURG, Jan 30- MasterCard suffered a blow on Thursday in a five-year fight against an EU ban on cross-border card fees, as an adviser to Europe's top court backed regulators' efforts to cut card costs.