The downsizing follows a week of business updates for eBay. On the same day it shared its latest financial results, the company announced that it would acquire Depop, a consumer-to-consumer secondhand fashion retailer, from Etsy. The Depop purchase carried a $1.2 billion price tag, which could put at least a small dent in the $11.1 billion it reported in 2025 full-year revenue.
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Los Angeles is finally extending its transit system to the tony streets of Beverly Hills, announcing on Thursday that a 4-mile extension of the D Line subway opens on May 8.