Advertisement

EBay CEO Donahoe: Why EBay, PayPal Need to Split

July 17 -- Breaking up is easy to do in Silicon Valley. EBay is on track to split with PayPal on Monday. And PayPal is expected to price its IPO later today. EBay and PayPal will operate under a five-year agreement that will guarantee a reliable source of revenue for PayPal after the separation. EBay Chief Executive Officer John Donahoe talks to Bloomberg's Emily Chang about the split.