eBay opens new green offices

May 8, 2008

eBay open a brand new energy-efficient office building today, reports the Mercury News. The five-story building on eBay’s North First Street campus has the largest commercial solar roof in San José, as well as soft furnishings that use post-recycled materials, and water-based paint that you can “safely lick”, though Wes Washburn, eBay’s facility operations manager, says it doesn’t taste nice. Outside, a large pool helps keep the building cool by water evaporation, and lots of windows let in lots of natural light. Sensors monitor light levels, and only turn on fluorescent lighting when its needed and when rooms are occupied.

EBay says the building meets the gold standard for green buildings, the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating.

The building will be dedicated in a ceremony featuring eBay CEO John Donahoe, PayPal President Scott Thompson and San José Mayor Chuck Reed. It will be the working home of 800 PayPal employees.

PayPal acquire FraudSciences

January 28, 2008

PayPal has acquired FraudSciences for just under $170,000,000 in cash, FraudSciences are a privately held Israeli company with expertise in online risk tools. Their technology differentiates between real and fraudulent transactions with supposed unprecedented accuracy and so is a great fit for PayPal’s business.

Scott Thompson, the new President of PayPal said “Integrating FraudSciences’ risk tools with PayPal’s sophisticated fraud management system should allow us to be even more effective in protecting eBay and PayPal’s hundreds of millions of customers around the world.”



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