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Despite spending most of 2014 arguing the opposite, eBay has today decided it will divide its popular payment and auction properties in two. Next year, the company will split PayPal away from its embattled auction site, and as a result of the restructuring eBay's current CEO and CFO will step down from their roles, although both will take board positions. Dan Schulman, currently an executive at American Express, will become CEO of the new PayPal in 2015.

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Basis unveils its first fitness tracker since getting acquired by Intel

You probably mainly think of Intel as the company trying to make 2-in-1s happen, but lately it's been dabbling in fitness, too. It all started when the chip maker acquired Basis, the creator of what was quite possibly the most sophisticated fitness wearable on the market. Intel promised it'd make it even smarter. Or something. Now, six months later, Basis is introducing the Peak, its first fitness tracker since joining Chipzilla. And it is indeed a bit smarter. Mostly, though, it's just a better-designed device.

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Samsung still hasn't announced Gear VR's pricing and release date, but at least a couple of people have already seen demo headsets in certain LA Best Buy stores. Redditor hackertripz and Matthew Terndrup from Yourift have recently spotted demo units out in the open -- the bad news is, nobody can use it yet. Both of them reported that the headsets on display don't contain Galaxy Note 4s, which slot into the eyepieces to act as the devices' screens. Also, a Samsung rep told them that when the stores start letting people take the units for a spin, testers will be asked to sign release forms (likely absolving the company from any liability in case of an accident) and to sit down while using the headset. Is this Sammy's way of assuring us that we won't have to wait years before the virtual reality device hits shelves? Perhaps, but for now, you can read Ben Gilbert's hands-on and live vicariously through him.

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Nintendo Wii U gamepad

Having too much software isn't a problem many Wii U owners are complaining about. Nonetheless, perhaps in anticipation of brighter days ahead, Nintendo is updating its troubled console with an improved UI for organizing games and apps. After installing the update, a long press on any of the Wii U menu's empty squares will bring up a prompt to create and name a folder that you can fill to your heart's content. The update additionally lets you choose which games and apps appear in the console's new Quick Start Menu, and also comes with the usual bug fixes. Now, if only Nintendo would hurry up with Super Smash Bros, we might have a reason to take advantage of all these new features.

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modern day pilgramage 2

An EU commission has accused Ireland of granting "state aid" tax breaks to Apple that may break market rules. That was the result of an investigation by the Organisation for Economic Cooperation and Development (OECD) over Irish deals brokered in 1991 and 2007. It has now asked Ireland to provide more information about its tax arrangements with Apple and other companies, including Fiat and Starbucks. The OECD also looking into Luxembourg and the Netherlands as part of a larger probe to find out if certain EU nations help multinational companies swerve taxes. At 12.5 percent, Ireland has a lower tax rate than any other EU country, and Cupertino's complex tax deals there have been questioned before. As the US Senate saw recently, shuffling money around countries helps Apple avoid nearly $20 million a day in taxes -- and the EU seems to have a dimmer view of its strategy than the SEC did.

[Image credit: pieceoplastic/Flickr]

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Fancy yourself a master of the Sonic Screwdriver? Well, in a few days you can put those skills to the test... in Minecraft, that is. Whether you're a timelord fanperson or a Dalek-sympathizer, you'll be able to show it off once the Doctor Who skin pack hits the Xbox 360 version of the pixely build-your-own-adventure on Friday. As if you needed another reason to look forward to this weekend, yeah? PlayXBLA (Microsoft's official blog for Xbox Live Arcade news) still doesn't mention any word of an Xbox One release, but considering that the company recently paid $2.5 billion for the game's developer, Mojang, we expect to hear it break the, ahem, silence on that soon.

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Colette is one of those ultra-hip Paris shops that may tempt you with its eclectic toys, clothing, tech and art -- until you see the prices. For Fashion Week in Paris, it's about to have a shiny new bauble: the Apple Watch. The store has announced a one-day only preview of the 1.53- or 1.33-inch wearable so that le public can see it for the first time. So far, only the press have glimpsed it, though we couldn't try any functions since it was just running a demo program. Apple told us that it'll be a strictly look-but-don't-touch event, with no new details -- and there's no word if Colette will actually sell it yet. If you happen to be in Paris though, you can see it now in it the fancy window display (which resembles the Watch interface) or brave the crowds in the store starting at 11:00 AM.

[Image credit: Papasoey/Instagram]

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3rd Global Citizen Festival

Grooveshark's disappearing and reappearing act looks like it could finally come to an end; permanently. A Manhattan judge has ruled that because Grooveshark employees themselves had uploaded 5,977 songs to the service and infringing on copyrights in the process, the outfit couldn't be granted safe harbor for hosting music from the likes of Jay-Z and Madonna. Meaning, the firm's previous method of compliance under the Digital Millennium Copyright Act was null and void because it wasn't users who uploaded the copyrighted material (which would be subsequently removed upon request), it was in-house staffers including CEO Samuel Tarantino and CTO Joshua Greenberg, according to The New York Times. Reuters notes that there was also evidence of internal communications from Greenberg that told employes to share music as much as possible from outside the office in an effort to foster growth -- all as a condition of employment.

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Apple has finally revealed the date that its new iPhones will be available to eager users in mainland China: Friday, October 17th. The devices had been delayed pending regulatory approval, but Apple was granted a license earlier today by the Chinese government -- despite some security concerns. The iPhone 6 and iPhone 6 Plus will go on pre-order starting October 10th, with units available a week later at Apple Stores and all three major carriers. Both phones will support TD-LTE and FDD-LTE, meaning 4G speeds will be available to users at China Mobile, China Telecom and China Unicom. So far, the lack of availability has meant extortionate prices for smuggled models, though there's been an alarming lack of demand in the gray market. But at least Chinese Apple fans will avoid the parade of early iOS 8 bugs.

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Back in April, Project Ara's Module Developers Kit revealed that the phone's battery will be hot-swappable; in other words, you can replace it without having to switch the phone off. Nifty trick, right? Well, the feature's apparently not limited to the device's battery. Project director Paul Eremenko has recently divulged in a keynote that you'll be able to swap the phone's other modules around, save for the CPU and display, even if you're in the middle of typing out a message or of a phone call. You've got the modified version of Android L that the team developed with non-profit org Linaro to thank for that, as it was the key ingredient Team Ara needed to make most of the phone's components hot-swappable.

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