Ebay, E-commerce | featured news

EBay is scrapping its complex, tiered set of "final value fees," calculated as a percentage of an item's sale price, and introducing flat-rate fees based on product categories.

Michael Rubin is lucky. And he’s also damned good. Lucky, because eBay approached him last year with a $2.4 billion offer to buy his moneylosing GSI Commerce–which provides Web design, customer service and shipping to big-brand retailers–a 51% premium over the share price. Damned, because Rubin has always played so loose and fast that he’s nearly brought on his own ruin–and stoked the wrath of shareholders. Good, because he has an uncanny eye for undervalued assets and a lifelong talent for turning them into gold.

Dateline: Dungeon and Dragons — if you're looking for a spell to aid you on your next adventure, traveler, then you're sorely out of luck. The great and powerful internet auction house eBay has henceforth banned all sales of wizardly enchantments and magic spells, even if you have a vacuum cleaner's worth of gold to offer.

EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's stock higher in after-hours trading.

EBay paying $240 million to buy closely held Zong, a provider of mobile payments, as the e-commerce giant seeks to strengthen its PayPal business.

EBay Inc., owner of the largest e- commerce market, agreed to buy GSI Commerce Inc. for about $2.4 billion to add interactive marketing services.

Shares in eBay jump almost 8% after the online auction site's Paypal unit said its revenues would double by 2013.

EBay’s chief executive said the company can now “go on the offensive” after years of losing market share.

Gaming has come a long way over the past three decades. Finding facts and numbers about vintage and rare games always brings back memories of the days of owning your first gaming system.

Facebook's "Like" button is popping up on e-commerce sites, but these Web companies are giving access to some of their users' data to the social-networking giant.