Remember when PayPal Holdings (NASDAQ: PYPL) was reportedly interested in acquiring Pinterest (NYSE: PINS) late last year? At the time, Pinterest was valued at upwards of $40 billion, so PayPal would have ended up egregiously overpaying given everything that has ensued since news of a potential deal first leaked. Pinterest is now just a $15 billion company.
The online platform recently announced Q2 earnings results that beat expectations and implied stabilizing sales and earnings trends on the way. While some of eBay's metrics are still shrinking at a double-digit rate, the speed of that decline slowed in Q2.
A Which? investigation found illegal weapons being sold in the UK via online platforms.