September 24, 1999 |
EBay Inc. said it pulled an auction for 500 pounds of marijuana from its Web site although it had no way of knowing whether the sale was a hoax. The auction was posted on another online auction service, AuctionWatch.com, which reported that seven bids, in amounts as high as $10 million, had been made before the auction was canceled.
January 9, 2007 |
EBay Inc. may report lower-than-expected fourth-quarter earnings because of fewer listings, said Safa Rashtchy, an analyst at Piper Jaffray & Co. Excluding certain items, profit may be as much as 2 cents a share, less than the 28-cent average estimate of analysts, Rashtchy said. Shares of San Jose-based EBay fell $1.08 to $29.70.
April 29, 2005 |
Internet giants Amazon.com Inc. and EBay Inc. announced they were settling unrelated shareholder lawsuits. Amazon agreed to pay $20 million to settle a suit alleging that it misled investors in February 2000 when it sold 690 million euros ($681 million) of debt.
November 11, 2005 |
San Jose-based EBay Inc. started a subscription research service to help shoppers get pricing and bidding information. The service costs $2.99 to $24.99 and offers real-time data on starting prices and average bids, top searches by customers and shipping charges, EBay said. The information goes back 60 to 90 days and includes international market data. EBay Marketplace Research will compete with similar search engines from America Online and retailers that allow consumers to compare prices.
May 14, 2005 |
A federal appeals court issued a stay involving a patent lawsuit that might require EBay Inc. to change its "Buy It Now" feature while the Supreme Court considers a request to review the case. The online auction giant had petitioned the Court of Appeals for the Federal Circuit in Washington for the stay. In 2001, MercExchange sued EBay, alleging that it infringed two of its patents related to fixed-price trading.
February 5, 2000 |
EBay Inc. said it has begun banning the sale of items that promote hate groups such as the Ku Klux Klan and the Aryan Nation on its online auction site, in response to concerns from many EBay users. Hate group-related items that were already up for sale on the site will not be removed in midauction, a company spokesman said. Listings on EBay typically stay up for about a week before they expire.
November 13, 2003 |
Executives from EBay Inc., the world's largest Web auctioneer, and Microsoft Corp., the world's biggest software maker, are forming a group to address security issues on the Internet. The Global Council of Chief Security Officers is starting with 10 members from some of the largest U.S. companies and will be expanded to include members from outside the U.S., according to EBay Vice President of Security Howard Schmidt.
October 5, 2004 |
The title of the most powerful businesswoman went to EBay Inc.'s Meg Whitman. The chief executive of the auction website surpassed Carly Fiorina, chairwoman and CEO of computer equipment maker Hewlett-Packard Co., who has held the title every year since Fortune magazine began its annual list of the most powerful women in business in 1998. Whitman earned Fortune's top spot because of EBay's significant growth in the last year. EBay's profit last quarter was double Wall Street's expectations.
May 4, 1999 |
All auctions by EBay Inc. were suspended temporarily Monday after its Web site suffered a server outage at about 8:30 a.m. EDT and was unable to process bids or accept new listings. The problem kept EBay from hosting auctions of just-released merchandise tied to the upcoming "Star Wars" movie until service was restored at 2 p.m. EBay said auctions slated to end during the shutdown or within an hour afterward will be extended 24 hours.