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eBay, 2002 Timeline Saturday, April 21 Bookmark and Share     Author
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eBay joins S&P 500  Company that started out in 1995 as an online flea market Optimistic long-term forecasts affirmed  Internet auction leader slightly upgraded its financial outlook Stock Slips on Concern over Growth  Shares of fell 4% as concerns about future growth overshadowed strong second-quarter earnings report New fixed-price format rolled out  New format that lets buyers and sellers skip traditional auctions entirely eBay Close to Selling Butterfields  WSJ: Online auctioneer has reached a tentative agreement to sell its Butterfields auction house to Bonhams EBay-PayPal merger clears DoJ hurdle  A deadline for the Justice Department to request more information has passed with no queries from regulators PayPal sued as eBay merger approaches  Banks see PayPal as a threat to the billions of dollars in interest and fees they get from credit card users and merchants Patent dispute  Tom Woolston and his company MercExchange believe their patents cover nearly every aspect of eBay's operations Approval from States on PayPal Merger  Online auctioneer had obtained all approvals needed under state money transmittal laws to complete the acquisition PayPal shareholders approve merger  Majority of shareholders are brushing aside legal challenges to the deal with the online auction giant Bid for TV Celebrity Delayed Until 2003  TV show based on the eBay concept had initially been planned for the fall of this year Record quarterly earnings of $61 million
World News (12) USA (335) California (187) Bay Area (11) Silicon Valley (1608) San Jose (312) eBay (134) 2002
Politics (1) Business (32) Crime (5)
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Mountain View Merger and Acquisition (60)   eBay, 2002   Mountain View, 2002   Mountain View Justice (10)   San Jose, December, 2002 (37)
PayPal Gets Subpoena from NY
Auction for America raised $10 million eBay beats expectations eBay, Sotheby's joining forces eBay reclaims billing service Offline for 90 minutes Antitrust regulators end investigation Three-Day Spate of Outages First-quarter earnings exceed forecasts 10 month for selling explosives on eBay Yahoo! plans to promote eBay site Secret weapon against fraud Health insurance to small entrepreneurs Head of technology named COO Man sentenced for fraud on eBay  Herbert John Derungs, 32, impersonated two major league shortstops to obtain bats to sell eBay eBay buying payment provider PayPal

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July 2002 ... more > Top ^
  Online auction giant is buying electronic payment facilitator for more than $1.3 billion in stock
  Subpoena from the New York state attorney is related to PayPal activities in the Internet gambling market

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October 2002 ... more > Top ^
  Fueled by skyrocketing transaction revenue, online auction giant earned $61 million, or 21 cents per share
Oct.24 CEO Defends Goldman Sachs IPO Deal  Meg Whitman has defended her purchase of IPO stocks that earned her $1.78 million in 1999 and 2000 Oct.30 eBay Sees Growth Spurt Continuing  Internet auction expected to post a strong holiday season in spite of the sluggish economy and double this year's revenue

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Nov.12 eBay Hiring
  eBay is one of the few companies that's putting out the help wanted sign

December 2002 ... more > Top ^
Dec.5 Outlook Bright with Better Margins
  Business expects to meet profitability targets and boost cash on-hand Dec.11 eBay hit by credit card scam
  The online auction eBay has been targeted by fraudsters using a shadow site to steal credit card details
Dec.16 Shares Rises on Bullish Analyst Note  An analyst maintained his 'buy' rating, saying its listings growth is exceeding expectations Dec.20 CEO Leaves Goldman Board  Meg Whitman sent eBay's investment banking business to Goldman after receiving shares of hot initial public offerings Dec.27 Bidding for town closes at $1.8 million
  Almost 250 bids were cast for tiny Bridgeville. It's the first town to be sold on the Web site

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