TC Roundup: Google to shut down news site in Spain over copyright fees

Google to shut down news site in Spain over copyright fees: Google said it plans to close its news-linking service in Spain in response to legislation under which publishers will soon be able to force Internet sites to pay for re-publishing headlines or snippets of news. (Reuters)

eBay CEO likely to leave board and join PayPal's when companies split: EBay CEO John Donahoe will likely depart eBay's board of directors when the company spins off payment subsidiary PayPal next year, according to two people who have discussed the topic with him.

Donahoe has told these people he plans to join the board of PayPal instead, these people said. Donahoe had previously said he would serve on one or both company boards. (Recode)

Still growing inside Facebook, Instagram hits 300 million users: Instagram appears to have inherited the growth gene from parent Facebook FB -0.87%. Acquired for $1 billion in 2012, Instagram said Wednesday it added 100 million users since March, pushing its base to 300 million monthly active users.

That's more than Twitter, which reported an average of 284 million monthly active users in the quarter ended Sept. 30. (The Wall Street Journal)