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By Deepa Seetharaman and Supantha Mukherjee (Reuters) - EBay Inc's agreement on Tuesday to spin off PayPal next year will give the unit more flexibility to strike deals in the rapidly evolving payments space as growth at the company's traditional e-commerce business slows. The surprise move is a huge about-face for eBay's leadership, including Chief Executive Officer John Donahoe, who resisted shareholder activist Carl Icahn's calls for a split earlier this year and led a months-long campaign to convince investors that eBay should remain intact. ... more...


By Bill Rigby SAN FRANCISCO (Reuters) - Microsoft Corp announced its 'Windows 10' operating system on Tuesday to replace the largely unpopular Windows 8, skipping a number to mark a leap toward unifying the way people work on tablets, phones and traditional computers. The next version of Microsoft's flagship product, which still runs the vast majority of personal computers and is used by 1.5 billion customers worldwide, is aimed at recapturing the lucrative business market, which generally ignored the new-look Windows 8. ... more...


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