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.
The e-commerce company will cut 2,400 postions this quarter and is mulling selling off its eBay Enterprise unit ahead of the spin out of its PayPal payments service.
Online auction giant could shed 10 percent of its workforce as it readies separation from its payments unit.
The new payment option is only available in the US and UK -- and only on Apple's website at this point.
What's the best way to protect yourself when shopping online? CNET's Sumi Das explains how to keep your credit card details away from criminals.
The SpaceX CEO wants to build a satellite network high above Earth that would speed up the Internet and bring access to underserved communities. And he'll use the profits to help colonize Mars.
Jack Ma, co-founder of the Chinese e-commerce giant, is "very interested" in a deal between his Alipay and the new Apple Pay service. He's also bothered that in Chinese movies, the hero always dies.
Sharon Profis compares the security, ease of use and availability of some of the most popular mobile payment options.
The company's marketplace business continues to grow, despite a security breach in the spring, but it doesn't meet Wall Street's expectations for overall revenue.
The Internet giant could be hoping to take another stab at going head-to-head with Apple, Amazon, PayPal, Square and a slew of other tech giants looking to grab a slice of the payments pie.