Strong PayPal growth boosts eBay’s 2Q profit – San Jose Mercury News

Strong PayPal growth boosts eBay's 2Q profitSan Jose Mercury NewsNEW YORK — EBay said Wednesday that its second-quarter net income rose 6 percent, as strong growth from its PayPal payments business offset lower-than-expected revenue that was hampered by a global password reset after a cyberattack. Investors had … More: continued here

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The Commonwealth Games

A special set of souvenir stamps celebrating the Glasgow 2014 Commonwealth Games has gone on sale. David Wilkie and Robbie Renwick and (front row) Asha Nicolson, Rachel Hollywood and Kate McFarlane launching a set of special stamps to mark the Glasgow 2014 Commonwealth Games, which go on sale today. More: …

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LVMH and eBay settle litigation over fake goods – Reuters

Reuters LVMH and eBay settle litigation over fake goodsReutersLVMH also claimed that the sale of real perfumes through non-approved distribution channels such as eBay hurt its business. In 2008 a French court ordered eBay to pay LVMH 38.5 million euros ($52.1 million). A subsequent appeal court reduced the sum to …eBay …

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