Facebook CEO Sheryl Sandberg has announced pay increases for contract staff.

Facebook is increasing pay and benefits for contract workers and people employed through third-party companies.The new standards include a minimum wag(...)

Elon Musk, co-founder and chief executive  of Tesla Motors, speaks during the unveiling of the company’s “Powerwall’ in Hawthorne, California. Photograph: Tim Rue/Bloomberg

There are few more fascinating figures in business today than Elon Musk, the PayPal co-founder who has gone on to specialise in attention-grabbing tra(...)

Profits at the online auction company rose beyond expectations thanks in part to anticipated smooth split from PayPal. Photograph: Bloomberg

Shares at EBay rose the most in four months after the company said it was on track for a “smooth separation” of its PayPal business and that profit(...)

European competition commissioner Margrethe Vestager in Brussels, where the EU charged Google with abusing its dominant position as Europe’s top search engine. Photograph: John Thys/AFP/Getty Images

in Brussels The European Commission formally accused Google of abusing its dominance in the internet shopping space.It also initiated a separate inve(...)

Alibaba handles more e-commerce than Amazon and eBay combined

Alibaba’s quarterly revenue fell short of analysts’ expectations, showing signs of a slowdown in the Chinese e-commerce company’s scorching growth.Ali(...)

EBay is cutting 2,400 positions, buying back shares and entering into a standstill agreement with activist investor Carl Icahn. Photo: Getty Images

EBay has declined to say whether Irish workers will be affected by its decision to cut 2,400 jobs.The company overnight announced plans to reduce its (...)

The Ebay offices in Dundalk. Photograph: Alan Betson
Dates for your business diary

TODAY Results: Thorntons. Meetings: 2015 World Future Energy Summit (to Thurs, Abu Dhabi, UAE). Indicators: Euro zone current account (Nov); UK Rightm(...)

Microsoft’s general counsel Brad Smith: “Ultimately it’s about trust.”

Some of the world’s largest technology companies, including Apple and Amazon are supporting Microsoft in a dispute with the US Government over access (...)

Skype negotiated a deal with the Luxumbourg tax authorities.

Internet phone giant Skype negotiated a deal with Luxembourg’s tax authorities involving intellectual property held by an Irish subsidiary being li(...)

Margot Slattery, managing director of Sodexo Ireland

Margot Slattery remembers a time when she was expert at carrying on a whole conversation at work about the weekend just past without mentioning the se(...)