4 Aug 2009
PayPal went down again last night for about four hours, at one of eBay's busiest times. The payment service went offline at 6.30pm UK time. The company blamed a network hardware failure for the problem.
The payment system's last bout of downtime was less than two months ago in late June. Back then it blamed a botched upgrade. The payment provider apologised and said the problem started at 10.30am Pacific Time and was all sorted out by 3pm.
eBay paid $1.5bn for PayPal in 2002.