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eBay Sheltered From Troubled Tech Waters

eBay turned in a better-than-expected profit for its third quarter — bucking the tide of less-than-stellar financial reports coming from other tech firms this week. eBay reported revenue of $3.4 billion, a 15 percent increase over the same period in 2011. The company's revenue was only a tad lower than expected, said Andreas Scherer, managing partner with Salto Partners. Profit was a tad higher.

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