Carl Icahn is at it again. The billionaire corporate raider turned activist investor wants eBay to spin off its PayPal unit, the giant online marketplace disclosed on Wednesday. It’s not hard to see ...

In a major reverse in course, eBay is spinning off its PayPal business into a separate, publicly traded company next year. EBay CEO John Donahoe said in a statement although the two companies had ...

David Marcus, PayPal’s final CEO while under eBay control, recently pinned the blame for the decline on a loss of product vision and failure to think big enough. Chasing short-term financial returns, ...

The blue chip financial giant has a brighter future than the digital payments leader.

EBay Inc. has completed the acquisition of online payment company PayPal Inc., the San Jose-based Internet auction company said in an announcement yesterday. The stock-swap transaction, valued at $1.5 ...

EBay will release in coming months new application programming interfaces (APIs) for external developers to enhance eBay-based applications aimed at online buyers, the San Jose, California company ...