EBay Revenue Beats Estimates After Increase in US Sales

A man whose prized sports car was stolen 42 years ago recovered the vehicle after spotting it on eBay, authorities said Sunday. Robert Russell, 66, a retired sales manager, told the Los Angeles County Sheriff's DepartmentA blog on Wednesday by Scot Wingo, chief executive of e-commerce software provider ChannelAdvisor, highlighted a June speech by eBay executive Devin Wenig in which he said the active user base on eBay's online marketplace was growing at more thanNEW YORK (AP) — EBay says its second-quarter net income more than doubled, thanks to higher revenue from its PayPal online payments business and its e-commerce websites. EBay Inc. earned $692 million, or 53 cents per share, in the April-June period.We now expect eBay and PayPal mobile to each transact $10 billion in volume in 2012 - that's more than double 2011, a staggering surge in mobile shopping and payments

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