PayPal and eBay, two brands that were best friends forever for like 15 years or so, are destined to be platonic besties no longer. Per Recode, eBay announced on Wednesday that it plans to stop ...

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 ...

On August 21, 2014, media reports surfaced about eBay Inc (EBAY, $53.84 Market Capitalization: $67 billion) planning to separate its payment unit PayPal. On September 30, 2014, the company ...

Shares of PayPal sunk 7% Thursday after its former parent revealed it would no longer use the payments service as its primary processing partner. Along with its earnings report after hours ...

After nasty fight with Carl Icahn, EBay will follow his plan to spin off PayPal after all.

PayPal, acquired by eBay in 2002 for $1.3 billion, has been its fastest-growing segment. In the most recent quarter, PayPal gained 4 million new, active registered accounts, up 15 percent to 152 ...

Commerce and payments are splitting up. Ebay is breaking away from PayPal and its payments operation will turn into a separate, publicly traded company.

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 ...

eBay, PayPal to split into separate companies in 2015 The separation, brought up by activist investor Carl Icahn in January, will include new management teams for both businesses.

EBay announced Tuesday that it planned to spin off PayPal, the digital payment system that it bought in 2002 that now accounts for about half of the Silicon Valley giant’s revenue.

Now, it turns out eBay may need PayPal way more than the other way around. A new study commissioned by PayPal suggests a lopsided level of dependence between the two companies.