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EBay to buy GSI in $2.4 billion deal

EBay plans to buy e-commerce company GSI Commerce for $1.96 billion in cash in a bid to draw more buyers and sellers to its online marketplaces and win more business from large store chains. Get the full story »

Duerson items draw little attention on eBay

Dave Duerson had barely been dead for a day before memorabilia owners took to eBay, but goods related to the former Chicago Bears safety are turning out to be a hard sell.

About two-thirds of the 44 Duerson products listed on eBay have been posted since he committed suicide on Feb. 17. They range from 25 cents for a Topps card to $1,200 for a jersey he wore while playing for the Arizona Cardinals. Duerson played on the 1985 Bears team that won the Super Bowl, and also appeared in four Pro Bowls. Get the full story »

PayPal helps eBay top 4Q forecasts

EBay Inc. says its fourth-quarter revenue rose, as the healthy holiday shopping season bolstered growth in its PayPal online payments business and online marketplace.

The online marketplace operator on Wednesday said its revenue rose nearly 6 percent from a year earlier, to $2.50 billion. Get the full story »

Do-it-yourself gastric bypass? Medline kit on eBay

From MyNorthwest.com | A gastric bypass surgery kit made by Chicago-based Medline Inc. was put up for sale on Amazon.com for $264. “It was a mistake that it was on Amazon,” said Medline spokesman John Marks. “This is purely for hospital use by doctors and surgeons, and it is not for sale to consumers.” But that didn’t stop reviewers from having some fun with it.Get the full story>>

Skype hit by outage, says it is investigating

Internet phone and video service Skype went down in a global service outage on Wednesday, underscoring a weakness of the free online communication tool. Get the full story »

EBay to get new look, add recommendations

As eBay Inc. prepares for a critical holiday shopping season, the company this week plans to unveil new elements of an overhaul in how shoppers find and buy products on its Web site.

Behind the new look, which includes eBay’s first major home-page redesign in nearly four years, is an urgent effort to close a technology gap that has caused the onetime Web pioneer to lag behind rivals like Amazon.com Inc. Amazon for years has had many of the same features that eBay is adding. Get the full story »

PayPal software to let users pay with their phones

EBay Inc.’s  online payments unit PayPal on Tuesday unveiled new software that will let people to use their phones to make payments, as well as a new platform that will make it easier for consumers to pay for digital media, music and games. Get the full story »

EBay lists Groupon deals, adds perk for members

EBay Inc. said Monday that it has begun listing Groupon.com’s daily deals and allowing its members to collect and redeem points from purchases they make, in a move that will increase eBay’s presence in the fast growing group buying segment. Get the full story »

EBay profit beats, sees improved holiday quarter

EBay Inc. posted a better-than-expected quarterly profit and forecast stronger earnings for the holiday season as the Internet commerce company strives to reinvigorate its main marketplaces unit. Get the full story »

Charity auction to give your Twitter account star power

If you’ve ever wished celebrities such as actress Demi Moore or skateboarder Tony Hawk would follow you on Twitter, now’s your chance — but you’ll have to cough up some cash for the privilege. Get the full story »

Judge tosses Tiffany’s suit against eBay

A Manhattan federal judge on Monday dismissed Tiffany & Co.’s 6-year-old lawsuit accusing eBay Inc. of allowing the online sale of counterfeit jewelry bearing its name.

U.S. District Judge Richard Sullivan on Monday rejected Tiffany’s false advertising claim against eBay. Get the full story »

EBay wins legal ruling against Craigslist

EBay Inc. on Thursday won a lawsuit over Craigslist Inc.’s move to deprive the online auction giant of its seat on the online classifieds group’s board. Get the full story »

PayPal reportedly seeking Android deal with Google

PayPal reportedly is in talks with Google to add is payment service to Android phones.  Users of  phones such as Motorola’s Droid X and HTC’s Droid Incredible may be able to buy apps with  PayPal by the end of this year.

EBay sued for $3.8B-plus in patent case

EBay Inc. was sued for at least $3.8 billion Tuesday by a Connecticut company that accused the online auctioneer and retailer of infringing six patents to develop lucrative payment systems such as PayPal.

According to the complaint filed Tuesday by XPRT Ventures LLC in the federal court in Delaware, eBay allegedly stole information shared in confidence by the inventors on XPRT’s  patents and incorporated it into features in its own payment systems, such as PayPal Pay Later and PayPal Buyer Credit. Get the full story »

Orbitz hires eBay exec as chief marketing officer

Orbitz Worldwide Inc. announced today it is hiring eBay Inc. executive Chris Orton as its chief marketing officer, effectively immediately.

Orton was senior director of Internet marketing at eBay, where he worked since 2003.

“We believe his deep experience of applying massive data sets to marketing opportunities will make Orbitz a more effective and efficient marketing organization,” Barney Harford, president and chief executive officer of the Chicago-based online travel company, said in a written statement.