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EBay follows Icahn's advice, plans PayPal spinoff in 2015

- EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company.

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Launching marketplace, eBay aims to drive consolidation in Russia

MOSCOW - Internet auction site eBay intends to drive a wave of consolidation in Russia's e-commerce market over the next couple of years, persuading smaller companies to get on board as the economy weakens.

4:10am EDT

Supervalu says malware affects four stores in Minnesota

- Supermarket chain Supervalu Inc reported on Monday a second attack against its payment systems barely two months after it said it was investigating a potential data breach.

29 Sep 2014

Alibaba options active in U.S. trading debut

NEW YORK - Chinese e-commerce heavyweight Alibaba Group's options were among the most active on Monday, their first day of trading, with an even mix of bullish and bearish bets. | Video

Deals, Media 29 Sep 2014

Vista Equity to buy Tibco Software for $4.3 billion

- Business software maker Tibco Software Inc on Monday agreed to be bought by private equity firm Vista Equity Partners for $4.3 billion, the latest software company to go private after becoming a target for activist investors.

Deals, Media 29 Sep 2014

Connected cars: Is AT&T leaving Verizon in its rear-view mirror?

WASHINGTON/DETROIT - Verizon Communications, the No.1 U.S. wireless carrier known for its widespread coverage, is falling behind its biggest rival in what many are betting will be the next big thing in the wireless industry: connected cars.

29 Sep 2014

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