ISLAMABAD: Minister of State for IT Anusha Rehman has said that arrangements were afoot to invite three global tech companies– Ebay, Paypal and Amazon – to start its operations in the country.
NEW YORK: Online retail giant eBay will slash 2,400 jobs -- seven percent of its workforce -- in the current quarter as it restructures and prepares to spin off its PayPal finance unit, it said Wednesday.
SAN FRANCISCO: Several of the largest U.S. retailers warned that Alibaba Group Holding Inc may "decimate" local companies unless Congress closes tax loopholes for online retailers, singling out the Chinese company before it has even established a major American consumer presence.