EBay quarterly results top analyst estimates

SAN FRANCISCO (Reuters) – EBay Inc reported better-than-expected quarterly results on Wednesday as the company’s main online Marketplace business showed signs of a turnaround and its PayPal unit continued to grow quickly. More: continued here

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EBay Forecast Tops Estimates Amid Growth

EBay Inc. (EBAY) , the world’s largest online marketplace, forecast sales that topped analysts’ estimates, spurred by growing demand for its PayPal payment service and the company’s recent spate of acquisitions. More: continued here

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Post office named for UN award

After getting digital innovation award and short-listed for mBillionth Award South Asia 2011, Bangladesh Post Office’s electronic money transfer service (EMTS) has now been nominated for UN-based prestigious World Summit Award. More: continued here

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eBay Gets $1B Quarter From PayPal

NEW YORK (TheStreet) — eBay’s second-quarter results handily topped estimates, but most of the upside continues to be driven by PayPal. **For the three-month period, profit actually declined to $283.4 million, or 22 cents per share, but most of this drop was attributed to costs related to eBay’s acquisituion of …

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