eBay Inc. (NASDAQ:EBAY) subsidiary PayPal is going to start competing head-on with Groupon and LivingSocial by offering daily deals starting next year. The coupons will be based on the buying habits and mobile locations of their users. PayPal has partnered with 200 U.S. merchants on this initiative said PayPal President Scott Thompson.

eBay Inc. (NASDAQ:EBAY) subsidiary StubHub has acquired Zvents.com. Zvents is a local event-discovery and promotion service. The terms of the deal were undisclosed. Founded in 2005, Zvents has over 600,000 current event listings at any given time. Zvents will be integrated into StubHub’s own event listings, which has about 30,000 events. Zvents had raised a total of $31.2 million in funding. [VentureBeat]

As part of a way to phase out the HP TouchPad, Hewlett-Packard Company (NYSE:HPQ) held a fire-sale of the tablet on eBay. The company ended up selling less than 8,000 of the tablets. HP sold about 2,316 of the $99 refurbished 16GB TouchPads and 5,534 of the $149 32GB TouchPads. All of these TouchPads were sold in under 25 minutes. eBay and PayPal was slammed by the orders causing many people to be unable to complete their orders once the process started. [SlashGear]

eBay Inc. (NASDAQ:EBAY) is hitting one million listings made per week through the eBay Mobile app [iTunes link]. Last year eBay made the right move by consolidating their buying and selling iPhone applications. Now it is simple to take photos of your goods and quickly list them through the app. The company has also launched a new video series called eBay MoneyMakers, which features videos of people making money on eBay. [TechCrunch]

eBay Inc. (NASDAQ:EBAY) will be announcing that they have acquired Hunch for around $80 million according to Michael Arrington. Hunch was started by Chris Dixon, Caterina Fake, Tom Pinckney, and Matt Gattis. Hunch has raised about $20 million in total funding since they launched.

Google Inc. (NASDAQ:GOOG) executive chairman Eric Schmidt has been vocal about proposed legislation regarding online copyright regulation today and said that the PROTECT IP Act in the U.S. Senate and the Stop Online Piracy Act in the U.S. House of Representatives would censor the Internet. This bill is intended to combat pirated movies and music and allow copyright holders and law enforcement officials the ability to cut off websites.

Hewlett-Packard Company (NYSE:HPQ) is highly considering the replacement of Leo Apotheker. One of the potential candidates is former eBay CEO Meg Whitman according to a source with Bloomberg.

eBay paid $240 million in cash for Zong, a mobile payments company that will contribute to upgrades to their PayPal system. Zong is known for its services billing to users’ mobile phones. There is no news yet as to how Zong and PayPal will be integrated or whether Zong will be rebranded. [TechCrunch]