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In downturns, Internet cos look to sell start-ups

Many Internet and media companies that were busy buying start-ups in the boom years could shed assets they no longer deem central to their business, as the recession imposes an age of frugality.
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Ebay Skype sale unlikely: report

A proposed buyout of eBay Inc's Skype led by private equity, including Warburg Pincus and Kohlberg Kravis Roberts, and the Web telephone company's co-founders is unlikely to be completed, the Wall Street Journal cited sources as saying on its blog on Monday.
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Analysts downgrade eBay stock

Ebay shares fell on Monday after analyst downgraded the stock this morning to “sell” from “hold”, due to share loss and gross margin pressure in the current economic downturn.
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PayPal, Visa rival gets $42 million from Goldman

Revolution Money, an online payment firm backed by AOL co-founder Steve Case, said on Monday it has received funding of $42 million from a group that includes a Goldman Sachs affiliate and earlier investors Citigroup and Morgan Stanley .
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PayPal, Visa rival gets $42 mln from Goldman

Revolution Money, an online payment firm backed by AOL co-founder Steve Case, said on Monday it has received funding of $42 million from a group that includes a Goldman Sachs affiliate and earlier investors Citigroup and Morgan Stanley .
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eBay zeroes in on PayPal in much-needed overhaul

EBay Inc, fending off worries that its best days are over, hopes to transform itself by galvanizing growth at its PayPal payments system and jump-starting its lagging core business, top executives said on Wednesday.
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ebay projects $12bln revenue

Online auctioneer, eBay Inc, said Wednesday its long-term growth outlook would boost through its PayPal global online payments system business and its core marketplace business.
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New EBay will zero in on PayPal as growth slows

EBay Inc, struggling to compete in a crowded and slowing e-commerce market, envisions a remaking the company by galvanizing growth at its nascent PayPal payments system, its top executive said on Wednesday.
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EBay touts transformation, will expand PayPal

EBay Inc, struggling to compete in a crowded and slowing e-commerce market, is remaking the company, starting by accelerating growth at its nascent PayPal payments system, its chief executive said on Wednesday.
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PayPal offers secure way to shop non-PayPal sites

PayPal, the payments service arm of online auction leader eBay Inc, is set to release on Tuesday a convenient way for its customers to make payments on Web sites that don't accept PayPal directly.
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EBay posts loss on charge, but auctions strength

EBay Inc said on Wednesday it had a strong quarterly performance in auctions, masked by a big net loss due to a write-down, and that its full-year earnings would be at the top end of expectations.The third-quarter net loss of $936 million, or 69 cents per diluted share, compared with a year-ago profit of $281 million, or 20 cents per diluted share. The loss stemmed from a $1.39 billion write-down on eBay's takeover of Internet phone service Skype.
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EBay customers' cash linked to risky assets

EBay Inc customers who park extra cash in a nearly $1 billion PayPal money market fund are exposed to the same type of assets targeted for an emergency bailout by the largest U.S. banks, regulatory filings show.
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Yahoo, eBay work to block phishing

Yahoo Inc, is working with auction leader eBay Inc and its PayPal payments unit to block fake e-mails to users purporting to be from eBay and PayPal, hoping to spur on an industry that has been slow to fight the scourge of so-called phishing attacks.
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Google Subsidies May be Disruptive: Analyst

Google (NASQ: GOOG) subsidies to promote its Checkout payment service through 2007 could allow the Internet search leader disrupt the ecommerce market, according to one analyst.
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EBay Sees Faster Growth Ahead, Investors Unmoved

EBay Inc. Chief Executive Officer Meg Whitman on Thursday promised investors that faster growth and market share gains lay ahead, but left the company's near-term outlook unchanged as international sales growth slows and it steps up investments in new businesses.

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