eBay and PayPal are going their separate ways. Today eBay announced that its fast-growing PayPal division would be spun off as a new company in 2015. In 2013, PayPal moved $180 billion in 26 ...

In January, John Donahoe, the C.E.O. of eBay, declared that he and his company’s board were resoundingly opposed to the idea, floated by Carl Icahn, the activist investor, to spin off PayPal. The ...

EBay is splitting off its fastest growing segment, mobile payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay’s shares up nearly 7 percent in ...

In just a couple of weeks, eBay and PayPal will no longer be bound together at the hip, ending a 13-year corporate marriage. The plan was originally announced last year, and last week, the company ...

After spending much of this year explaining why its two businesses are best left together, eBay's board of directors and CEO did a complete about-face Tuesday morning, announcing a plan under which ...

EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company. The news of the tax-free ...

Carl Icahn had to wait several months, but the activist investor got his way. Online marketplace eBay EBAY announced Tuesday it will split from the mobile payments service PayPal — a spinoff long ...

EBay will spin off PayPal into its own business starting next year. PayPal, the online payments juggernaut, is seen as the real crown jewel of the eBay business. And investors have been clamoring for ...

eBay's acquisition of PayPal on Monday follows a long, costly and ultimately futile attempt to make its first bill payment system succeed. Three years ago, the online auction giant bought Billpoint, a ...

PayPal and its prospective owner, eBay, are under new scrutiny from federal regulators. PayPal received two federal grand jury subpoenas last month concerning its processing of online gambling ...