Amazon.com got a big payday when eBay bought Bill Me Later, the payment service, for $945 million earlier this month. So why isn't it admitting it? In an SEC filing, Amazon.com didn't name Bill Me Later as the source of a $150 million cash payment it will receive in return for an investment. But it's obviously Bill Me…

News reports confirm the rumors we heard over the weekend about eBay's layoffs. Details are scant, but our sources say some departments are losing as much as 22 percent of their staffing. Development managers have been told to expect to lose 1,700 "train seats" next year. That's programmer lingo for weeks of…

Amazon.com has taken a minority stake in Bill Me Later, according to reports. Why? Likely, it has something to do with the 217 percent year-over-year increase in traffic to BillMeLater.com, where users sign up for new accounts. As part of the deal, Amazon will join Wal-Mart and Overstock.com in adding Bill Me Later as…