Alibaba Group Holding Ltd., poised for the biggest initial public offering since 2012, could take a definitive step toward that goal by filing to go public in the U.S. as soon as next month, according to people with knowledge of the matter.
EBay Inc. said activist investor Carl Icahn has proposed splitting off its PayPal online payments unit and is nominating two of his employees to join the board, as the largest online marketplace reported holiday quarter sales that missed analysts’ estimates.
BlackBerry Ltd.’s swelling inventory of unsold smartphones is approaching the $1 billion mark, raising the chance the company will make its fourth writedown in two years when it posts earnings next week.
EBay Inc. rose after the largest Internet marketplace reported sales and profit that topped analysts’ estimates, buoyed by a campaign to promote its retail offerings and broader use of the PayPal online-payments service.
EBay Inc., the largest Internet marketplace, reported sales and profit that topped analysts’ estimates, buoyed by a campaign to promote its expanded retail offerings and broader use of the PayPal online-payments service.