PayPal

(Newser) - Rather than reveling in his $100 million fortune, mogul Max Levchin spent a year feeling "worthless and stupid" after he sold PayPal to eBay at the age of 27. Too young to retire, too restless to become a philanthropist, Max was like many young Silicon Valley tycoons dogged by...

(Newser) - EBay reported strong growth in some sectors despite posting a $936 million net loss for the third quarter, reports the Wall Street Journal. Most of the loss is due to the company writing down internet calling company Skype by $1.39 billion after eBay found it difficult to make money...

(Newser) - eBay's $2.6 billion acquisition of phone service Skype looks like a wrong number, with profits on hold indefinitely. The Wall Street Journal reports eBay will take a $1.4 billion write down on Skype, which  accounts for $90 million of eBay's $1.83 billion in revenue in the third...

(Newser) - Online auction powerhouse eBay broke a multi-million-dollar "keyword" advertising deal with Google, ostensibly after the search engine threw a party in Boston that crowded an eBay conference. But the boycott on search-driven spots also comes as Google's online payment feature Checkout elbows in on eBay-owned PayPal's territory.