Business Briefing
EBay To Split Off PayPal Business

EBay To Split Off PayPal Business
E-commerce giant eBay is splitting off its fastest growing segment, payment service PayPal. The move comes after months of pressure from activist investor Carl Icahn, who has stake in eBay.
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EU Slams Ireland Over Apple Taxes
Ireland appears to be granting Apple illegal tax rebates that may have to be recouped, the European Union's competition watchdog said as it pressed on with an inquiry into the iPhone maker's tax practices.
Apple's iPhone 6 Is Headed to China
China's phone regulator has approved Apple Inc.'s iPhone 6 for use on Chinese networks after the company promised never to install "backdoors" to give other governments access to users' information.
DreamWorks May Sell to SoftBank
The studio behind the Shrek,Kung Fu Panda and Madagascar movies, DreamWorks Animation, is in talks to sell the company to Japanese telecommunications giant SoftBank Corp.
Netflix and YouTube Luring Viewers
Streaming giant Netflix pushed out 7 billion hours of content from April through June, spread over 50.05 million Netflix subscribers. That's nearly 92 minutes of viewing per day per subscriber.
FCC Tackles Net Neutrality Debate
How far should the government go?
Comcast To Reform Customer Service
Acknowledges painful past interactions.
Microsoft Plans Flagship Store in NYC
Blocks from Apple Store on Fifth Avenue.
Investor Pushes Yahoo To Buy AOL
To better fend off Google and Facebook.
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