Carl Icahn had to wait several months, but the activist investor got his way. Online marketplace eBay EBAY announced Tuesday it will split from the mobile payments service PayPal — a spinoff long ...

EBay is splitting off its fastest growing segment, mobile payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay’s shares up nearly 7 percent in ...

In January, John Donahoe, the C.E.O. of eBay, declared that he and his company’s board were resoundingly opposed to the idea, floated by Carl Icahn, the activist investor, to spin off PayPal. The ...

EBay Inc (EBAY) and payments company PayPal may be separating later this year, but in an agreement released Thursday, the two will continue in a partnership extending over the next six years, ...

PayPal COO Bill Ready contends eBay’s decision to ditch the company and use Adyen to process payments moving forward is actually good for PayPal (PYPL). On Wednesday, eBay (EBAY) announced it plans to ...

Back in September, eBay finally caved to pressure from activist investor Carl Icahn and said it would spin off PayPal, its payments unit, to create two separate publicly traded companies. The split is ...

eBay announced it would not be renewing its agreement with PayPal when its current deal expires in 2020. Should PayPal shareholders be worried? Yet none of the analysts' questions in the conference ...

US online retail giant eBay unveiled plans Tuesday to spin off PayPal, aiming to help the unit compete better in the fast-moving online payments segment. The plan, to take effect next year, comes ...

update PayPal is now officially a part of eBay, but the online payments company will be without its chief executive officer who led it into the merger. eBay announced Thursday afternoon that it has ...

PayPal has stepped up its war with eBay-owned Billpoint, leaving some auction sellers feeling caught in the cross fire. Last week, PayPal e-mailed auction sellers who use its online payment services, ...

eBay's acquisition of PayPal on Monday follows a long, costly and ultimately futile attempt to make its first bill payment system succeed. Three years ago, the online auction giant bought Billpoint, a ...

eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted ...