eBay settled the earlier Board battle between investor Mr. Icahn regarding spin off of PayPal by adding an independent director David W. Dorman, an ex-AT&T executive, to the board. PayPal is no longer expected to be spun off and continues to deliver strong growth. Total payment volume for the service grew 27% with Merchant Services volume growing 32% and eBay related volume rising 15%. PayPal was able to generate revenues of $1.8 billion. Their member base grew 16% to 148 million.