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Classified Action By eBay – Forbes

BBC News Classified Action By eBayForbes, NY –1 hour agoTo jump-start growth, eBay is buying two online classified businesses and the Internet-based payments servicer Bill Me Later. The company also plans to cut …EBay to Lay Off 10% of Work ForceNew York TimesEBay plans to cut workforce 10 percentSan Francisco ChronicleeBay cuts …

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EBay Plays Warren Buffett, Buys Online Lender (New York Times)

The Dow is crashing. Banks are failing. Unemployment is rising. How does eBay react? It is getting into the consumer lending business. On Monday, eBay agreed to spend $945 million to buy Bill Me Later , a venture-backed company that offers people instant credit to make purchases at online sites. …

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