The split is a logical progression for PayPal, but eBay needs to show that it's also a smart decision for its core e-commerce business as Amazon lures away sellers.
A rumor popped up late last week that Google is eyeing a 40 percent stake in eBay. But analyst Gene Munster doesn't see such a deal in the cards.
In hopes of creating a new revenue stream, the e-commerce site is launching an ad network to place targeted ads in front of its mobile customers.
Swooping in almost at the last second to win the "holy grail" issue, the top bidder will now own the most expensive comic book in the world.
The bidding for Action Comics No. 1 -- the "most sought after comic book in the world" -- is at $1,600,100 but promises to soar higher by the time the auction ends August 24.
A deal to allow bitcoin as payment would apply only to eBay's PayPal Braintree business and not to eBay itself or to its PayPal subsidiary, says The Wall Street Journal.
A screenshot of a 4chan post pondering the nature of art has raked in $90,900 in an eBay auction.
The e-commerce company has more than doubled the number of women in leadership roles over the past three years, but it still has some work to do on racial diversity.
"We want PayPal to be a presence however consumers want to pay," eBay CEO John Donahoe says.
Up for auction on eBay starting August 14, the so-called "Holy Grail" of comic books could easily sell for close to $3 million.