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.
San Francisco celebrated the Juneteenth holiday with a parade and festival along Market Street Saturday morning.
A search for a suspect wanted in connection with an attempted kidnapping near the Hayward DMV on Friday is underway.
An brush fire in Hayward on Friday afternoon burned some 25 acres before firefighters stopped its progress, authorities said.
A man was charged with homicide Wednesday after a high-speed police chase that began in Santa Clara and ended in a fatal crash in San Jose, authorities said.
The federal government awarded a company owned by a Trump donor $1.7 million to install a new water cleaning system for the Lincoln Memorial Reflecting Pool, records show.
San Francisco celebrated the Juneteenth holiday with a parade and festival along Market Street Saturday morning.
A search for a suspect wanted in connection with an attempted kidnapping near the Hayward DMV on Friday is underway.
An brush fire in Hayward on Friday afternoon burned some 25 acres before firefighters stopped its progress, authorities said.
A man was charged with homicide Wednesday after a high-speed police chase that began in Santa Clara and ended in a fatal crash in San Jose, authorities said.
In front of a roaring Seattle crowd, the U.S. men's soccer team on Friday defeated Australia in its second World Cup match, clinching a spot in the Round of 32 in the process.
San Francisco celebrated the Juneteenth holiday with a parade and festival along Market Street Saturday morning.
The deaths of San Francisco arts patrons Judith and Wylie Sheldon are under investigation. Judith was the daughter of Oscar-winning director William Wyler.
A woman and young child were hospitalized following a rescue off Baker Beach in San Francisco on Thursday after they were swept into the ocean.
A man was charged with a homophobic vandalism along with assault and hit-and-run in an attack in San Francisco's Castro District last month, authorities said.
The San Francisco Police Department said an audit of its network of automated license plate reader cameras shows it was improperly accessed by outside agencies.
A search for a suspect wanted in connection with an attempted kidnapping near the Hayward DMV on Friday is underway.
An brush fire in Hayward on Friday afternoon burned some 25 acres before firefighters stopped its progress, authorities said.
Earlier this week, T'Chaka had its door smashed, leaving pieces of glass scattered on the dining room floor. But it didn't take long for the community to respond and help a local business.
A man arrested after a fire at a Berkeley animal shelter was charged with felony arson on Wednesday along with other charges, prosecutors said.
A Contra Costa County Sheriff's deputy has been arrested on multiple felony charges, the Sheriff's Office announced on Wednesday.
A man was charged with homicide Wednesday after a high-speed police chase that began in Santa Clara and ended in a fatal crash in San Jose, authorities said.
The lawsuit alleges unlawful euthanasia practices, poor animal care and violations of public records laws at the San Jose's animal shelter.
A Peninsula pastor is one of the first in the Bay Area to help provide a safe place for them while they search for housing in expensive Silicon Valley.
A woman died Monday after being stabbed in San Jose home and a man who knew her was arrested in connection with the killing, police said.
Richard Tillman, brother of the late National Football League star and U.S. Army Ranger Pat Tillman, was sentenced on Monday to five years in federal prison for setting a San Jose post office on fire in 2025.
A former officer for the California Department of Corrections and Rehabilitation was convicted of child sex crimes in Napa involving three family members after an eight-day trial, prosecutors announced Thursday.
A vehicie struck and killed an elderly pedestrian in Fairfax earlier this week, authorities said.
Around 12:30 p.m., an officer patrolling near the Novato Fair shopping center spotted a man he believed was acting erratically and may be under the influence of drugs, police said.
A deer fawn was rescued on Wednesday from an outdoor wire dog crate at a Sonoma County home, authorities said.
A mountain biker who was injured in a remote Sonoma County trail Wednesday morning was airlifted to safety following a multi-agency rescue, authorities said.
In front of a roaring Seattle crowd, the U.S. men's soccer team on Friday defeated Australia in its second World Cup match, clinching a spot in the Round of 32 in the process.
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.
The Wings were 11 for 17 in the opening quarter and built a quick 26-17 lead before a cold second quarter.
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
A search for a suspect wanted in connection with an attempted kidnapping near the Hayward DMV on Friday is underway.
A man was charged with homicide Wednesday after a high-speed police chase that began in Santa Clara and ended in a fatal crash in San Jose, authorities said.
A former officer for the California Department of Corrections and Rehabilitation was convicted of child sex crimes in Napa involving three family members after an eight-day trial, prosecutors announced Thursday.
A man was charged with a homophobic vandalism along with assault and hit-and-run in an attack in San Francisco's Castro District last month, authorities said.
The San Francisco Police Department said an audit of its network of automated license plate reader cameras shows it was improperly accessed by outside agencies.
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
A woman has been found guilty of trespassing and other charges for her role in a protest outside the San Francisco headquarters of OpenAI last year, prosecutors said.
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
A Bay Area cancer patient is making more memories and living longer than his initial diagnosis thanks to a groundbreaking treatment for his particularly aggressive form of brain cancer.
Health officials in the San Francisco Bay Area issued a warning about a potential measles exposure after an infected resident traveled through San Francisco International Airport and local businesses.
Health officials in Berkeley said one person died and another person was hospitalized after contracting leptospirosis from rats that had infested their RV.
Grocery sales at two Target stores in San Jose were halted over the past week, after health inspectors found evidence of rodent infestations.
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
The federal government awarded a company owned by a Trump donor $1.7 million to install a new water cleaning system for the Lincoln Memorial Reflecting Pool, records show.
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.
President Trump and Prime Minister Giorgia Meloni traded criticism on Saturday after Italy canceled its envoy's visit to the U.S.
The Justice Department says it's released "every document required by the Epstein Files Transparency Act," but CBS News has identified numerous gaps.
President Trump's efforts to spruce up the Lincoln Memorial Reflecting Pool faced a snag this week, with algae turning the water green while rips appeared in an "American Flag Blue" surface picked by the president.
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.
In one of the most competitive real estate markets in America, a San Francisco real estate agent dons fabulous drag to help promote homes for sale. Itay Hod reports.
The U.S. Department of Justice has launched an investigation into four California school districts over policies pertaining to the instruction of gender and sexual orientation.
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
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.
Here's a look at the weather forecast Saturday afternoon.
San Francisco celebrated the Juneteenth holiday with a parade and festival along Market Street Saturday morning.
with Jennifer McDermed
Andrea Nakano reports.
Organizers of the Juneteenth event said it was a time to celebrate and a time to reflect.
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.