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Ebay warns Internet sales tax unfair to small businesses

Ebay has begun lobbying millions of its users against a bill it claims will impose an unfair tax burden on small businesses. The US Senate is expected to vote early this week on the Marketplace Fairness Act, a bill that will give states the power to collect online sales tax…

eBay profit rises as shoppers turn to smartphones

SAN FRANCISCO — Online auction and financial transactions powerhouse eBay said Wednesday that profit in the recently ended quarter climbed as commerce shifts to smartphones and tablet computers. The Silicon Valley company reported that its net income in the quarter ending September 30 rose to $490.5 million as revenue leapt…