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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Tech

eBay’s mobile apps get a refresh

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Leena Rao
Leena Rao
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By
Leena Rao
Leena Rao
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September 8, 2015, 11:45 AM ET
Ebay Reports Quarterly Earnings
SAN JOSE, CA - JANUARY 22: A sign is posted in front of the eBay headquarters on January 22, 2014 in San Jose, California. eBay Inc. will report fourth quarter earnings today after the closing bell. (Photo by Justin Sullivan/Getty Images)Photo by Justin Sullivan—Getty Images
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After separating from PayPal, marketplace company eBay is refreshing its mobile apps with a more streamlined experience.

The company’s iPhone, iPad, and Android apps includes a new activity tab, which gives shoppers information on items they have viewed or “watched,” and items they are currently selling on eBay. The shop tab has also been redesigned to let shoppers search for items via a specific vertical, such as fashion, motors, or electronics.

Additionally, eBay (EBAY) includes a Sell tab that is designed to be a centralized place where sellers can list, access tips on selling, and potentially sell through eBay’s valet service, which has an eBay employee collect and sell items for sellers in exchange for a fee.

This redesign is part of eBay’s plan to consolidate all of its apps into one unified experience on mobile devices. In July, the company shut down many of its separate apps, including eBay Motors, eBay Valet, and eBay Fashion.

With the announcement today, eBay said that it is seeing 8.2 million new listings added to its marketplace via mobile apps per week. And eBay’s mobile apps generated $28 billion in mobile commerce volume (which is total sales) in 2014, and $16 billion in the first half of 2015.

It’s no secret that eBay sees mobile commerce as its future, as new CEO Devin Wenig explained to Fortune in an interview in July. The big question is with increased competition from Amazon (AMZN), Wal-mart (WMT) and others, whether mobile commerce will be able to supercharge growth at the company post Paypal (PYPL).

For more on eBay and PayPal’s separation, watch this video:

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