The Electricite de France nuclear power station in Dampierre-en-Burly, France. The French power utility is the world’s biggest operator of nuclear power plants. Photograph: Christian Hartmann/ Reuters
Planet Business

Image of the week: Nuclear option Steam rises at night from the cooling towers of the Electricite de France nuclear power station in Dampierre-(...)

 Ebay chief executive John Donahoe: “We’ve gone from 26 employees in Ireland in 2003 to over 3,000 today.” Photograph: Philip Leonard

The split between eBay and Paypal may be looming, but it seems as if it will be almost business as usual for its Irish workforce. The decision to div(...)

President and CEO of eBay John Donahoe  at PayPal’s Dublin office today.

Tech giant eBay has become the latest multinational to back a Yes vote in the upcoming referendum on marriage equality. Speaking at the company’s offi(...)

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(...)

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 (...)

Web pioneer Marc Andreessen said it’s the “right time” for him to step down from the Ebay board. Photograph: David Maung/Bloomberg

Web-browser pioneer Marc Andreessen resigned from the board of EBay ahead of the online marketplace’s breakup, following a verbal battle with activist(...)

PayPal and eBay flags fly in front of the company’s headquarters in San Jose, California. Photographer: David Paul Morris/Bloomberg

So, eBay will spin off PayPal, the precocious child it acquired in 2002 for $1.5 billion and which has since eclipsed its parent in profitability a(...)

John Donahoe, president and chief executive officer of EBay Inc, said the split would allow each company to focus on its core strengths and challenges. Photograph: Bloomberg News

Ecommerce group eBay is spinning off its PayPal unit as a separate company, handing a major victory to the activist investor Carl Icahn over the futur(...)

The offices of the international operations centre of ebay in Dundalk, which includes Paypal and Ebay. Ebay said today it would spin off Paypal. Photograph: Alan Betson / THE IRISH TIMES

E-commerce giant Ebay said today it will spin off PayPal, its fast-growing payments unit, into an independent publicly traded company in the second ha(...)

Enda Kenny is due to meet Facebook chief executive Sheryl Sandberg tomorrow. Photograph: Barry Cronin

Taoiseach Enda Kenny will arrive in the United States today for a three-day visit to San Francisco and Silicon Valley, where he will meet senior exec(...)