eBay

  • Marc Andreessen Steps Down From eBay’s Board Ahead Of Split With PayPal

    Marc Andreessen Steps Down From eBay’s Board Ahead Of Split With PayPal

    Investor and Silicon Valley kingpin Marc Andreessen is stepping down from eBay’s board of directors after a six year tenure. Andreessen announced the move on Twitter — as he often does — noting that it had been “an absolute privilege” to work with eBay President and CEO John Donahoe. 2/It’s been an absolute privilege to serve with John, Pierre, and team, and… Read More

  • EBay Beats On EPS Of $0.68, Misses On Sales Of $4.35B; Shares Fall On Lower Forecasts

    EBay Beats On EPS Of $0.68, Misses On Sales Of $4.35B; Shares Fall On Lower Forecasts

    E-commerce giant EBay, soon to be split into two businesses, today reported its third-quarter earnings. The company reported revenues of $4.4 billion (or, $4.353 billion, to be exact), growing 12% on a year ago, on non-GAAP earnings per share of $0.68. This beat estimates on EPS but narrowly missed on sales (but, yes, beat if you rounded up, as eBay has). Analysts were expecting revenues… Read More

  • eBay To Host Live Art Auctions On New Site

    eBay To Host Live Art Auctions On New Site

    In July, eBay announced a partnership with noted auction house Sotheby’s to help bring its inventory of art, antiques and collectibles online via a new live auction format with real-time bidding. At the time, eBay said Sotheby’s was the “anchor tenant” to trial this new format on eBay.com. Today, the company is expanding on these earlier efforts with a number of… Read More

  • Ebay’s Dark Binary Star Is Finally Exploding

    Ebay’s Dark Binary Star Is Finally Exploding

    eBay hasn’t been a big deal since Beanie Babies. Back when an auction was the coolest thing on the web and real-time JavaScript countdown timers were all the rage, eBay’s main draw was a sort of theatre of commerce aimed at the bored and competitive. You, too, could win a genuine fake quartz Rolex or a broken Barney Rubble bank if you put in the time. The auction/commerce… Read More

  • eBay And PayPal To Split Into Two Separate Companies

    eBay And PayPal To Split Into Two Separate Companies

    eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted by eBay, Inc. and its Board of Directors, and is intended to help both businesses grow faster in their respective markets. The spin-out of PayPal is expected to be complete by the second half… Read More

  • eBay Reports More Diverse Staff Than Other Tech Companies

    eBay Reports More Diverse Staff Than Other Tech Companies

    According to a report released Thursday, eBay maintains one of the highest rates of gender diversity in the tech industry — 42 percent of its total employees are female. Women make up 24 percent of the company’s tech employees. Although this may seem like a relatively low number when considering women make up almost 50 percent of the company’s non-tech employees, it puts… Read More

  • For Its First Google Glass Effort, EBay Adapts Its RedLaser Product Finder App

    For Its First Google Glass Effort, EBay Adapts Its RedLaser Product Finder App

    Back in March 2013, eBay said it would start to work on applications for Google Glass — the idea being that the Android-powered, head-mounted computer could help consumers shop for things online and in the real world more seamlessly than pulling out your smartphone (and even less so, a full-fledged computer). Read More

  • eBay Reports Mixed Q2 Results With Revenue Of $4.366B, Non-GAAP EPS Of $0.69

    eBay Reports Mixed Q2 Results With Revenue Of $4.366B, Non-GAAP EPS Of $0.69

    Today after the close of regular trading, eBay announced its second-quarter financial performance, including revenue of $4.366 billion and non-GAAP earnings per share of $0.69. Its revenue tally for the period was up 13 percent year-over-year. eBay’s second-quarter GAAP earnings totaled $676 million. It’s non-GAAP earnings were much higher at $868 million. Read More

  • Apple’s “Secret” eBay Store Returns [Updated]

    Apple’s “Secret” eBay Store Returns [Updated]

    In fall 2012, a mysterious eBay store appeared that only sold Apple products at prices that undercut Apple’s own online refurbished store. The store was widely speculated to have been run by Apple, despite the company never confirming its involvement. That store disappeared last year, but now one just like it has returned, and this time around, it’s selling “Apple… Read More

  • Gone Will Sell Your Old Crap For You

    Gone Will Sell Your Old Crap For You

    In an age when consumerism is almost the only path to survival, it’s pretty easy to accumulate a lot of stuff. And then you get more stuff, and wind up startlingly close to a hoarder’s lifestyle before deciding to sell a bunch of it. At first, the idea feels brilliant, until you start tabulating the time, effort and resources involved in selling off a bunch of old crap. Is it worth… Read More

  • eBay Launches “eBay Valet,” An iPhone App That Does The Selling For You

    eBay Launches “eBay Valet,” An iPhone App That Does The Selling For You

    eBay today is expanding its lesser-known eBay Sell For Me service to mobile with the launch of a new app called eBay Valet, which promises to let eBay do the selling for you. That is, it takes every step of the selling process — from determining an item’s value to listing it online to shipping it when sold — and handles it for you. Read More

  • eBay Acquires Machine Translation Capabilities From AppTek To Help Expand International Sales

    eBay Acquires Machine Translation Capabilities From AppTek To Help Expand International Sales

    eBay’s focus on international expansion continues: yesterday its PayPal division announced PassPort, aimed at attracting more international sales, and today eBay is announcing the acquisition of machine translation technology from a company called AppTek. From our understanding, eBay is acquiring the talent and the IP from Virginia-headquartered AppTek, but another division of its… Read More

  • PayPal Launches PassPort To Lure More International Sales From Merchants

    PayPal Launches PassPort To Lure More International Sales From Merchants

    PayPal and its owner eBay have been through a few tough rounds in the ring these last few months, facing calls from Carl Ichan to split the company (finished for now), a Twitter encounter with a departing, annoyed employee, and getting its president poached by Facebook. Today, however, comes news of a tamer sort for the company: it is rolling out a new site called PassPort, aimed… Read More

  • Alibaba Ramps Up Its Asian Logistics With A $249M Investment In SingPost

    Alibaba Ramps Up Its Asian Logistics With A $249M Investment In SingPost

    Alibaba, the Chinese e-commerce giant, is today taking a play from the books of Amazon and eBay as it makes a key move to expand its presence across other countries in Asia. Today the company, gearing up for an IPO in the U.S., announced that it would invest 312.5 million Singapore dollars (U.S. $249 million) to take a 10.35% stake in Singapore Post Limited (SingPost). “We are excited… Read More

  • Several U.S. States Now Investigating Ebay Cyberattack

    Several U.S. States Now Investigating Ebay Cyberattack

    Several U.S. states, including Connecticut, Florida, and Illinois, are jointly leading an investigation into eBay’s security practices, following eBay’s reveal this week of a massive cyberattack which the company says compromised a large number of users’ personal information. Though eBay claims that financial data, which was stored separately, was not acquired during… Read More

  • Ebay Says Lists Of Stolen Customer Data Now Appearing Online Aren’t Legit

    Ebay Says Lists Of Stolen Customer Data Now Appearing Online Aren’t Legit

    Following yesterday’s announcement of a cyberattack which compromised a “large number” of eBay users’ personal information, several lists purporting to contain that illegally acquired information have now shown up online. On anonymous data-sharing site Pastebin, for example, there are at least a couple of offers to provide “full eBay database dumps,” which… Read More

  • ZTE Is Selling The $99 Open C Firefox Phone Exclusively On Ebay

    ZTE Is Selling The $99 Open C Firefox Phone Exclusively On Ebay

    If you’re into open source, unlocked phones that cost less than a month of phone service, take note. Manufacturer ZTE is selling their first Firefox OS phone on Ebay for a piddly $99, a price that should make it a great choice for folks looking for a solid phone with a solid pedigree and an actually open OS. Read More

  • eBay To Settle Antitrust Suit Regarding Its Hiring Practices For $3.75M

    eBay To Settle Antitrust Suit Regarding Its Hiring Practices For $3.75M

    This week eBay announced that it has agreed to a settlement with the United States Department of Justice, and the Attorney General of California, regarding a non-hire agreement with Intuit. The settlement will include the company paying out $3.75 million to cover compensation to impacted employees, along with various fees and costs. The settlement will need court approval before it is final. Read More

  • eBay Rolls Out New Mobile Apps Focused On Discovery And Personalized Experiences

    eBay Rolls Out New Mobile Apps Focused On Discovery And Personalized Experiences

    Online marketplace eBay rolled out a series of changes to its mobile experience across both the mobile web and its native applications today, including its apps for iPhone, iPad, Android, and Windows 8. The new apps are now sporting a redesigned look-and-feel, which includes larger images and personalized feeds, while also delivering new features, like the iPad’s in-store pickup… Read More

  • eBay Is Betting On Bringing Commerce To Wearables And Other Connected Devices

    eBay Is Betting On Bringing Commerce To Wearables And Other Connected Devices

    The next frontier for eBay could be bringing commerce to wearables and other connected devices. In fact, the company has formed a brand new group of engineers and designers internally, as part of its Innovation and New Ventures group, that focuses on creating ways in which to incorporate commerce into anything with a screen. Read More

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