eBay net profit slides 29% (Straits Times)
NEW YORK - ONLINE auction giant eBay reported a slide in net profit for the fourth quarter in a row on Wednesday and a cautious outlook for the holiday season. EBay, which also owns online payments company PayPal and Web communications firm Skype, said net profit declined 29 per cent to US$350 million (S$488 million), or 38 cents per share, in the third quarter compared with a year ago.