After a long, painful transformation from an online auction site to a mobile-focused e-commerce hub, eBay is finally staging a comeback, online and on Wall Street. But auction sales don't account for its rousing recovery. For that, it has PayPal to thank.
Shopping via your cell phone could soon have a new meaning: Google is developing a new phone that it says will be able to transmit payment information to vendors more securely than credit cards. The shopaholics' phone will hit shelves in the next few weeks.
Lorrie Norrington, head of eBay's e-commerce division, says she is leaving the company for personal reasons. Her departure will leave more work for other executives, as well as questions about the division's rebound.
The smartphone revolution is about to upend another business: credit card processing. With Google's new Android pay-by-phone app and Square's new transaction hardware for iPhones, your plastic could become obsolete.
