EBay Reports Higher Earnings; Icahn Seeking PayPal Spinoff
EBay is reporting higher earnings and revenue for the last three months of 2013, driven by a strong holiday season for its e-commerce site and PayPal.
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EBay is reporting higher earnings and revenue for the last three months of 2013, driven by a strong holiday season for its e-commerce site and PayPal.
Facebook plans to test a mobile payments service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.
Recently kicking off in London borough Richmond upon Thames, the test includes 12 different merchants set up to accept PayPal payments, according to the company.
EBay's revenue increased in the second quarter as its PayPal business and namesake online marketplace continued to grow. But net income fell amid higher expenses and its outlook for the current quarter was shy of Wall Street's expectations.
Please imagine how giddy Pennsylvania PR executive Chris Reynolds must have felt when PayPal made him $92 quadrillion richer -- $92,233,720,368,547,800 richer to be precise.
The commercialization of space may not be moving at light speed, but it's probably going faster than you think.
PayPal wants to explore space -- or at least begin to figure out how payments and commerce will work beyond Earth's realm once space travel and tourism take off.
EBay grew its earnings and revenue in the first quarter thanks to growth in its PayPal business and its e-commerce sites. But revenue fell shy of Wall Street's expectations, causing investors to send the company's stock lower in after-hours trading.
Yahoo is adding a new director and parting ways with two other board members in the latest shake-up of the Internet company's hierarchy.
There's another way to make money transactions online with a new company called Dwolla. The payment service company allows you to send money to others via Twitter.
A Novato man is facing federal charges in an alleged Internet fraud scheme that bilked people out of tens of thousands of dollars.
PayPal said it was cutting 325 full-time jobs in a move to streamline the business.
EBay said Tuesday that its third-quarter net income grew 22 percent, helped by higher revenue at its PayPal payments service and the marketplaces business that includes eBay.com.
EBay's PayPal unit is planning layoffs in the coming weeks as it tries to refocus and operate more like an agile startup than a large company, according to people familiar with the matter.
PayPal has launched a mobile payments service that lets businesses accept credit cards using a small triangular card reader attached to an iPhone.
It may come as no surprise that Bay Area home improvement stores are the first to roll out one of the first mobile payment systems in the US. San Jose based PayPal is teaming up with Home Depot to allow customers to pay for purchases using their cell phones.
Yahoo Inc. has named Scott Thompson, president of eBay Inc.'s PayPal division, as its new CEO.
EBay's third-quarter net income climbed 14 percent, helped by growth in its online marketplace and PayPal online payment service, according to the company.
EBay Inc.'s second-quarter results beat analyst expectations Tuesday with growth in its PayPal online payment service and marketplace business - although profit fell 31 percent on charges from its recent purchase of e-commerce retail site operator GSI Commerce.
14 people have been arrested for allegedly mounting a cyberattack on the Web site of San Jose-based PayPal in retaliation for suspending the accounts of WikiLeaks, according to the Justice Department.
EBay Inc. is buying mobile payments provider Zong for about $240 million in cash so it can extend the reach of its PayPal online payments service...
EBay Inc. said Wednesday that its fourth-quarter revenue rose, as the healthy holiday shopping season bolstered growth in its PayPal online payments business and online marketplace.
Electronic payment company VeriFone is teaming up with PayPal to make it even easier for small businesses to accept payments on mobile phones.
eBay Inc. on Wednesday said its third-quarter profit climbed 22 percent, helped by its growing PayPal business.
The jackhammers echoing through San Francisco's Portsmouth Square this week may sound like noise to most people, but to skateboarders, it's the sound of history being torn down.
San Gregorio State Beach is now roughly twice its size after expanding into the formerly private ranch, San Gregorio Ranch.
An investigation is underway after a woman was shot and killed Friday morning near the Oakland Adult & Career Education Center, officials said.
A Pleasant Hill man has been arrested in connection with a stabbing in San Francisco after police used surveillance cameras and a drone to track his movements and recover what investigators believe was the weapon used in the attack.
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
The jackhammers echoing through San Francisco's Portsmouth Square this week may sound like noise to most people, but to skateboarders, it's the sound of history being torn down.
San Gregorio State Beach is now roughly twice its size after expanding into the formerly private ranch, San Gregorio Ranch.
An investigation is underway after a woman was shot and killed Friday morning near the Oakland Adult & Career Education Center, officials said.
A Pleasant Hill man has been arrested in connection with a stabbing in San Francisco after police used surveillance cameras and a drone to track his movements and recover what investigators believe was the weapon used in the attack.
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
The jackhammers echoing through San Francisco's Portsmouth Square this week may sound like noise to most people, but to skateboarders, it's the sound of history being torn down.
San Gregorio State Beach is now roughly twice its size after expanding into the formerly private ranch, San Gregorio Ranch.
A Pleasant Hill man has been arrested in connection with a stabbing in San Francisco after police used surveillance cameras and a drone to track his movements and recover what investigators believe was the weapon used in the attack.
Nearly sixteen years after a San Francisco man was found fatally stabbed inside his apartment, police are seeking information in solving the cold case.
A new report tracking Bay Area residents who have left the region finds they are more likely to own a home within five years, but face other tradeoffs when it comes to the quality of schools and incomes.
An investigation is underway after a woman was shot and killed Friday morning near the Oakland Adult & Career Education Center, officials said.
A man who was convicted in a series of attacks targeting elderly victims in Oakland's Chinatown during the COVID-19 pandemic has been charged in connection with a series of new attacks, prosecutors said.
An East Bay man has been arrested on suspicion of attempted murder after he allegedly shot and robbed his ex-girlfriend outside a Berkeley home last month, while his mother was also arrested for being an alleged accessory, police said.
The city has decided to take on a $2.5 million project to grind down or slice more than 15,000 defects across the city. Most are caused by tree roots pushing the concrete sidewalk out of place.
Sen. Aisha Wahab said the state findings reveal the county missed key warning signs before Sophia Mason's 2022 death, and that similar failures persist today.
A 16-year-old California lifeguard who rescued a 10-year-old child from powerful waves during a daring rescue caught on video has spoken out about the harrowing experience.
A South Bay summer camp counselor who was previously arrested for alleged child sexual assaults was arrested again after a third alleged victim came forward, authorities said.
A jury on California's Central Coast has convicted a barber for sexually assaulting clients at his shop, prosecutors said.
A fire burning in eastern Santa Clara County was spreading on Monday after jumping a containment line.
The College Football Players Association has announced that Stanford has become the first team to organize a player-led chapter.
Smoke blanketed the Bay Area Friday, as firefighters continued to battle a wildfire near Salt Point State Park in Sonoma County.
As the SMART train line plans stations at both Healdsburg and Cloverdale, the town of Geyserville, located in the middle, is saying, why not us?
Nicholas Cunfermann disappeared from Novato on Aug. 24, 1986. He was 32 years old.
A fire was burning vegetation near homes in a Mill Valley neighborhood, authorities said Monday.
Invasive Aedes aegeypti mosquitoes, known for transmitting yellow fever and other diseases, have been found in the community of Vacaville, officials said.
Romo was arrested in Wisconsin last week, accused of operating a vehicle while intoxicated.
Rookie Daniel Susac hit a two-run home run and had three RBIs, and Robbie Ray pitched six impressive innings to win his seventh straight decision and lead the San Francisco Giants to a 4-1 victory over the San Diego Padres on Thursday night.
A source close to Joshua Kushner's firm tells CBS News there's no politics behind FIFA's bid to draw private investment, but Europe's soccer powerhouses are crying foul.
The Valkyries (19-9), who lost 90-82 at home to Washington last time out, have lost back-to-back games and fell a half-game behind second-place Las Vegas.
Luis Arraez had four of San Francisco's 17 hits, Daniel Susac hit his first two homers in the majors and the Giants routed the Brewers 16-3 on Wednesday.
A Pleasant Hill man has been arrested in connection with a stabbing in San Francisco after police used surveillance cameras and a drone to track his movements and recover what investigators believe was the weapon used in the attack.
A man who was convicted in a series of attacks targeting elderly victims in Oakland's Chinatown during the COVID-19 pandemic has been charged in connection with a series of new attacks, prosecutors said.
Nearly sixteen years after a San Francisco man was found fatally stabbed inside his apartment, police are seeking information in solving the cold case.
An East Bay man has been arrested on suspicion of attempted murder after he allegedly shot and robbed his ex-girlfriend outside a Berkeley home last month, while his mother was also arrested for being an alleged accessory, police said.
A South Bay summer camp counselor who was previously arrested for alleged child sexual assaults was arrested again after a third alleged victim came forward, authorities said.
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
Anthropic's artificial intelligence model Claude "gained unauthorized access" to three outside organizations on three separate occasions during testing.
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
Schools in three states will be equipped with drones this coming academic year that aim to find and deter active shooters within seconds.
Soaring health insurance premiums are forcing some small business owners to make difficult decisions about employee coverage, staffing and their future.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A Monterey County company is now at the center of a nationwide cyclosporiasis outbreak. The Washington Post is reporting that lettuce from Taylor Farms, a company headquartered in Salinas, may have supplied contaminated lettuce to Taco Bell.
California Gov. Gavin Newsom's office has released tax returns showing he and his wife made between $1.7 million and $2 million annually from 2022 through 2024.
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
The Trump administration on Thursday reiterated its view that China's alleged efforts to collect millions of American voter registration files constituted election interference.
Sen. Aisha Wahab said the state findings reveal the county missed key warning signs before Sophia Mason's 2022 death, and that similar failures persist today.
San Francisco Mayor Daniel Lurie spent his Wednesday morning touting three ballot initiatives. The most controversial of the three would raise the threshold of signatures that citizens need to gather to qualify for the ballot.
Berlin police did not identify the suspect, who is still at large, by name but said that he was already known to police and is from Berlin.
LGBTQ+ communities have significantly higher rates of unemployment than the general population. Kelsi Thorud reports on how the City of Oakland is empowering LGBTQ+ job seekers during Pride Month.
The fallout over the opposition by a handful of San Francisco Giants players against the team's Pride Night celebrations has prompted an investigation of Major League Baseball by the Trump administration.
Major League Baseball has warned players about writing on their uniforms after San Francisco starter Landen Roupp and two other pitchers added Bible verses to their Pride Night caps on Friday night.
Many LGBTQ+ Pride events across the country have had to scale back or even cancel due to political and financial reasons. San Francisco was on the brink. Kara St. Cyr reports.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Bay Area rapper Mistah F.A.B. was arrested in Oakland after police said he was in possession of thousands of dollars in illegal fireworks.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Kara St. Cyr reports.
The jackhammers echoing through San Francisco's Portsmouth Square this week may sound like noise to most people, but to skateboarders, it's the sound of history being torn down.
Brad Hamilton reports.
San Gregorio State Beach is now roughly twice its size after expanding into the formerly private ranch, San Gregorio Ranch.
Drew Andre reports.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.