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EBay's revenue increased in the second quarter as its PayPal business and namesake online marketplace continued to grow. But net income fell amid higher expenses and its outlook for the current quarter was shy of Wall Street's expectations.
Please imagine how giddy Pennsylvania PR executive Chris Reynolds must have felt when PayPal made him $92 quadrillion richer -- $92,233,720,368,547,800 richer to be precise.
The commercialization of space may not be moving at light speed, but it's probably going faster than you think.
PayPal wants to explore space -- or at least begin to figure out how payments and commerce will work beyond Earth's realm once space travel and tourism take off.
EBay grew its earnings and revenue in the first quarter thanks to growth in its PayPal business and its e-commerce sites. But revenue fell shy of Wall Street's expectations, causing investors to send the company's stock lower in after-hours trading.
Yahoo is adding a new director and parting ways with two other board members in the latest shake-up of the Internet company's hierarchy.
There's another way to make money transactions online with a new company called Dwolla. The payment service company allows you to send money to others via Twitter.
A Novato man is facing federal charges in an alleged Internet fraud scheme that bilked people out of tens of thousands of dollars.
PayPal said it was cutting 325 full-time jobs in a move to streamline the business.
EBay said Tuesday that its third-quarter net income grew 22 percent, helped by higher revenue at its PayPal payments service and the marketplaces business that includes eBay.com.
EBay's PayPal unit is planning layoffs in the coming weeks as it tries to refocus and operate more like an agile startup than a large company, according to people familiar with the matter.
PayPal has launched a mobile payments service that lets businesses accept credit cards using a small triangular card reader attached to an iPhone.
It may come as no surprise that Bay Area home improvement stores are the first to roll out one of the first mobile payment systems in the US. San Jose based PayPal is teaming up with Home Depot to allow customers to pay for purchases using their cell phones.
Yahoo Inc. has named Scott Thompson, president of eBay Inc.'s PayPal division, as its new CEO.
EBay's third-quarter net income climbed 14 percent, helped by growth in its online marketplace and PayPal online payment service, according to the company.
EBay Inc.'s second-quarter results beat analyst expectations Tuesday with growth in its PayPal online payment service and marketplace business - although profit fell 31 percent on charges from its recent purchase of e-commerce retail site operator GSI Commerce.
14 people have been arrested for allegedly mounting a cyberattack on the Web site of San Jose-based PayPal in retaliation for suspending the accounts of WikiLeaks, according to the Justice Department.
EBay Inc. is buying mobile payments provider Zong for about $240 million in cash so it can extend the reach of its PayPal online payments service...
EBay Inc. said Wednesday that its fourth-quarter revenue rose, as the healthy holiday shopping season bolstered growth in its PayPal online payments business and online marketplace.
Electronic payment company VeriFone is teaming up with PayPal to make it even easier for small businesses to accept payments on mobile phones.
eBay Inc. on Wednesday said its third-quarter profit climbed 22 percent, helped by its growing PayPal business.
Betting you wouldn't trek to your bank or the closest ATM if you didn't have to, PayPal has added a feature to its free iPhone application that lets users deposit checks into their PayPal accounts by taking a picture of them.
A plane passenger taken into custody after boarding a Delta flight from Seattle to Hawaii without a boarding pass.
When the San Francisco 49ers used a third-round pick to draft Jake Moody last year, the hope was it would settle their kicking position for years to come.
Authorities in Santa Cruz County have launched an investigation after an apparent gas explosion and fire damaged a home on Christmas morning.
The California Department of Justice is investigating a fatal shooting by a corrections officer in Fresno, the state Attorney General's Office announced Thursday.
A driver has died after crashing in rural Yolo County south of Davis on the morning after Christmas.
A plane passenger taken into custody after boarding a Delta flight from Seattle to Hawaii without a boarding pass.
When the San Francisco 49ers used a third-round pick to draft Jake Moody last year, the hope was it would settle their kicking position for years to come.
Authorities in Santa Cruz County have launched an investigation after an apparent gas explosion and fire damaged a home on Christmas morning.
The California Department of Justice is investigating a fatal shooting by a corrections officer in Fresno, the state Attorney General's Office announced Thursday.
A driver has died after crashing in rural Yolo County south of Davis on the morning after Christmas.
Thursday was the final morning for a San Francisco mainstay at its longtime location as the SF Flower Market prepares to move from SoMa to the Potrero Hill neighborhood.
A woman was arrested for allegedly stealing over $1,000 worth of merchandise from a Macy's store in San Mateo on Monday, according to the San Mateo Police Department.
San Franciscans and those visiting from out of town celebrated Christmas by participating in beautiful religious services across the city.
Officers of the San Mateo Police Department arrested a man on Tuesday for allegedly resisting arrest and threatening an officer after he was suspected of shoplifting from a Safeway store in San Mateo, the department said.
The San Francisco Police Department is investigating a fatal shooting that occurred in the city's Bayview neighborhood on Monday.
Antioch police on Wednesday said one of their dispatchers helped the U.S. Coast Guard save the life of a man whose boat sank on Christmas Eve.
The owner of Home of Chicken and Waffles, teamed up with Center of Hope and The City Eats to organize the annual Christmas Brunch near his Jack London Square restaurant.
An Oakland man died in a house fire Wednesday morning after safely getting his family out of the home, the fire department said.
It's a winter wonderland at The Veranda in Concord as families spend Christmas Eve on the ice skating rink and on some last-minute shopping.
Police said the group also targeted a Gamestop, which is where officers made contact with the suspects.
Authorities in Santa Cruz County have launched an investigation after an apparent gas explosion and fire damaged a home on Christmas morning.
Police in San Jose announced Thursday that two women were rescued, and a man was arrested following the bust of a suspected brothel at a home last week.
The Humane Society of Silicon Valley, or HSSV, is waiving adoption fees for all animals starting Thursday after a fire damaged half of its Milpitas shelter last week.
The Santa Clara Valley Transportation Authority, or VTA, will provide free transit service on New Year's Eve to help deter drinking and driving.
One person died on a Santa Cruz County beach and two went missing in Monterey County Monday after large waves battered the Northern California coastline amid a high surf warning.
CHP officers in Santa Rosa are investigating a solo vehicle crash on Bennett Valley Road early Thursday morning that left the female driver dead, according to authorities.
Officers arrested two Santa Rosa men in connection with a brandishing incident that took place in the area of Stony Point Road and Sebastopol Road in Santa Rosa on Wednesday.
A motorcyclist died at a hospital following a crash in Vallejo with a pickup truck turning into his path, police said.
A dead body was found at a campground Tuesday morning in Sonoma County, according to authorities.
The manager of a Santa Rosa restaurant was arrested after a patron discovered a cellphone in an air vent of the bathroom, police said Tuesday.
When the San Francisco 49ers used a third-round pick to draft Jake Moody last year, the hope was it would settle their kicking position for years to come.
Austin Reaves scored the winning layup with one second left after Stephen Curry tied it on a 31-foot 3-pointer with seven seconds remaining, LeBron James had 31 points and 10 assists playing in his NBA-record 19th Christmas Day game, and the Los Angeles Lakers held off the Golden State Warriors 115-113.
Beyoncé surprised fans by bringing out Shaboozey to perform "Sweet Honey Buckiin," and Post Malone joined her for "Levii's Jeans."
Myles Turner made a 3-pointer from the top of the arc with 16 seconds left and had 23 points and 10 rebounds, Pascal Siakam added 20 points and the Indiana Pacers beat the Golden State Warriors 111-105 on Monday night for their fifth straight win.
On the day the San Francisco 49ers were eliminated from playoff contention, they delivered a performance that summed up their disappointing season.
The California Department of Justice is investigating a fatal shooting by a corrections officer in Fresno, the state Attorney General's Office announced Thursday.
Police in San Jose announced Thursday that two women were rescued, and a man was arrested following the bust of a suspected brothel at a home last week.
Officers arrested two Santa Rosa men in connection with a brandishing incident that took place in the area of Stony Point Road and Sebastopol Road in Santa Rosa on Wednesday.
A woman was arrested for allegedly stealing over $1,000 worth of merchandise from a Macy's store in San Mateo on Monday, according to the San Mateo Police Department.
Officers of the San Mateo Police Department arrested a man on Tuesday for allegedly resisting arrest and threatening an officer after he was suspected of shoplifting from a Safeway store in San Mateo, the department said.
The OpenAI issue was caused by an "upstream provider," according to the artificial intelligence organization.
In the face of wide speculation about how artificial intelligence will impact workers in the Bay Area and beyond, a series of billboards plays on those concerns, advertising what appears to be a nightmare scenario where people are entirely replaced by computers.
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
Members of Cash App founder Bob Lee's family had sharp criticism Tuesday for those close to Nima Momeni, who was convicted of second-degree murder in Lee's 2023 stabbing death in San Francisco.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
California Gov. Gavin Newsom issued an emergency proclamation on Wednesday in response to growing concerns over bird flu cases in the state and across the country.
Researchers at Stanford University believe a newly developed AI tool could help in the fight against cancer and other diseases.
Striking San Francisco hotel workers are attempting to discourage people from attending a major healthcare conference in January.
At least 364 pertussis cases were reported, marking the worst Thanksgiving week on record.
President Biden signed legislation Christmas Eve to make the bald eagle officially the U.S. national bird.
Among the new laws signed by President Biden are Paris Hilton's bill to protect institutionalized teenagers and a bill to address hazing on college campuses.
Former President Bill Clinton was released from a hospital in Washington. D.C., on Christmas Eve, following an overnight stay for treatment of a fever and flu.
President Biden vetoed an effort to add 66 federal district judgeships, saying "hurried action" by the House left important questions unanswered.
Former President Bill Clinton remains in "good spirits," a spokesman said.
Police in Santa Cruz have arrested a man on suspicion of a hate crime after a LGBTQ+ bar in the city's downtown was vandalized early Tuesday morning.
The building located off Folsom Street will include 42 units for young adults ages 18 to 24.
San Jose State's volleyball team was the subject of a national debate about women in sports.
A look at key dates before and during the San Jose State women's volleyball season marked by multiple forfeits by teams claiming the Spartans have a transgender player.
San Jose State says it's disappointed that Boise State forfeited its semifinal match in the Mountain West women's volleyball tournament but is focused on the future.
Hudson Meek, the 16-year-old actor known for his performance in the 2017 film "Baby Driver," died Dec. 21 in Alabama, authorities said.
Beyoncé surprised fans by bringing out Shaboozey to perform "Sweet Honey Buckiin," and Post Malone joined her for "Levii's Jeans."
Beloved SF raconteur and guitarist Chuck Prophet plays songs from his acclaimed new collaborative cumbia album 'Wake the Dead' at the Chapel Saturday night.
Veteran East Bay R&B band Tower of Power plays classic funk and soul hits along with some seasonal holiday standards to the Fox Theater in Oakland Saturday night.
Surviving members of the Grateful Dead, Bobby Weir, Bill Kreutzmann, and Mickey Hart, revisit the Great American Music Hall in San Francisco.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Meteorologist Jessica Burch shows where the upcoming Bay Area rain storms will have the most impact.
CBS News Bay Area afternoon edition headlines for Dec. 26, 2024. Watch full newscasts streamed at the CBS SF website or on the app.
Veronica Macias reports on the SF Flower Mart closing its SoMa facility before moving to a new space on 16th Street.
Katie Nielsen reports on Semifreddi's Bakery donating more than 44,000 pounds of food to the Alameda County Community Food Bank.
Meteorologist Jessica Burch looks ahead to a soggy weekend around the Bay Area.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
An Oakland woman has brought the joy of dance and an appreciation for African American culture to performers and audiences for 52 years.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.