EBay Cuts Workforce – bMighty.com

Moneycontrol.com Owner of Hub's Rue La La fetches $2.4B from eBayBoston HeraldEBay declared war on e-commerce rivals such as Amazon.com yesterday with a $2.4 billion deal to buy GSI Commerce, the parent company of Hub-based online retailer Rue La La. “Technology is changing how consumers shop, and retailers and …EBay to buy GSI Commerce for…

Fortune Google's Waymo Poaches Ebay Exec to Negotiate Self-Driving Car LegislationFortuneWaymo, the Google self-driving project that spun out to become a business under Alphabet, has hired away an eBay executive to head up its public policy and government affairs department as the company races to commercialize its autonomous vehicle …Waymo takes govt affairs specialist from eBayTelecompaper…

By the numbers, Meg Whitman’s decade at eBay was a resounding triumph. The once-fledgling startup had less than $5 million in revenue when Whitman took over as CEO, but grew to a $7.67 billion business by her last full year at the helm. More: continued here

Reuters EBay's profit beat shows there's life after PayPalReutersEBay Inc reported a stronger-than-expected quarterly profit and raised its full-year adjusted profit forecast, helping to allay concerns about the company's prospects following the spinoff of PayPal, its main engine of growth. EBay, whose shares were …EBay Boosts Forecast as Profit Falls Less Than ExpectedWall Street JournaleBay…

EBay shouldn’t have to face fraud and negligence claims by Craigslist in California because a similar case it won in Delaware upheld its minority investment rights in the online classified-ad provider, a company lawyer said. More: continued here

Police worker jailed for eBay fraudTelegraph.co.uk, United Kingdom –2 hours agoA police worker has been jailed for his part in a worldwide scam selling fake designer clothes on eBay. Huw Rees, 28, led a secret double life away from his … More: continued here