WebProNews

eBay Hits Q3 Targets, Gives Iffy Guidance

eBay continued a trend started by Google and Yahoo in the sense that it beat analysts' expectations while announcing its third quarter earnings this afternoon.  Unfortunately for the company, it broke with their tradition by issuing some rather weak predictions about the fourth quarter.

eBay CEOs Slammed For Compensation Excess

eBay investors who are wondering where their money's gone may be within their rights to hit up former CEO Meg Whitman and current chief exec John Donahoe for a few bucks.  This morning, Eric Jackson outlined some questionable compensation strategies that have seen both individuals take home a lot of money and also use a large amount for personal travel expenses.

eBay's Donahoe Prepared To Spin Off PayPal

Despite being on the job for less than six months, new-ish president and CEO of eBay John Donahoe certainly isn't afraid to make changes.  Even as obstacle after obstacle pops up to interfere with the sale of Skype, Donahoe announced that he often considers parting with PayPal.

eBay Announces Plans To Reduce Emissions

eBay has announced its first greenhouse gas emissions reduction target, saying its committed to reduce emissions 15 percent by 2012, over a 2008 baseline. eBay said it will reach its goal through an ongoing commitment to energy efficiency and conservation along with its continuing investment in renewable energy. It will promote more sustainable behavior tied to travel and personal energy use among its 15,000 employees.

eBay Gives Investors Positive Q1 Surprise

It looks like eBay's managing the recession and its other problems better than most people expected it to.  The auction company issued its financial report on the first quarter of 2009 this afternoon, and although the numbers aren't good compared to last year's set, eBay did a solid job of beating analysts' estimates. 

eBay CEO Speaks, Says Done Apologizing for Skype

eBay held its 2009 Analyst Day today with CEO John Donahoe speaking on the company's future. As anticipated, a great deal of focus was put on PayPal.

eBay Users Give $36 Million To Nonprofits

eBay says its sellers and buyers gave a record $36 million to U.S. nonprofit organizations in 2008 via eBay Giving Works.John DonahoeeBay CEOGiving Works allows people to donate to nearly 15,000 organizations in the country while on eBay. Donations were up almost 20 percent in 2008, with nearly 1.5 million people donating to a cause.

eBay Cuts Staff, Buys Bill Me Later

eBay said today it is purchasing U.S. based online payments business Bill Me Later for approximately $820 million in cash and $125 million in outstanding options.The company is also buying Denmark based online classified site dba.dk and vehicles site bilbasen.dk for $390 million in cash.

eBay May Sell Skype

Skype's not doing too badly these days.  As it stands, though, Skype has little to do with eBay's core business, and so it may get sold in the relatively near future.

eBay Announces Major Changes

"Significant," "sweeping," "fundamental" - these are the words eBay used to describe some coming changes.  And although we often ridicule press releases for blowing things out of proportion, eBay has been more accurate than usual.