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Directors of the company were considering Meg Whitman, the former chief of eBay, to replace Léo Apotheker, sources said.

U.S. prosecutors have launched a criminal probe into whether eBay Inc employees misappropriated confidential information from classified ad service Craigslist, according to a copy of a grand jury subpoena obtained by Reuters.

EBay paying $240 million to buy closely held Zong, a provider of mobile payments, as the e-commerce giant seeks to strengthen its PayPal business.

We know about immigrant founders at large technology companies, such as Intel, Google and eBay. Less well known is how many immigrants and children of immigrants have founded other successful American companies. A new report from the Partnership for a New American Economy found more than 40 percent of Fortune 500 companies were founded by immigrants or their children. Eighteen percent (or 90) of the 500 companies had immigrant founders. The children of immigrants started another 114 companies.

EBay Inc., owner of the largest e- commerce market, agreed to buy GSI Commerce Inc. for about $2.4 billion to add interactive marketing services.

Shares in eBay jump almost 8% after the online auction site's Paypal unit said its revenues would double by 2013.

EBay’s chief executive said the company can now “go on the offensive” after years of losing market share.

The online auctioneer views partnerships as the best way to generate business in China.

Facebook's "Like" button is popping up on e-commerce sites, but these Web companies are giving access to some of their users' data to the social-networking giant.

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