The rumors are true. Louis Monier, former AltaVista CTO, is leaving eBay for Google. Read the interview for more.

eBay has been in the news lately, and the news isn't very good. Although Eric Schmidt denies it, there is a growing sentiment that Google Wallet is a threat to PayPal's (and thus eBay's) continued growth. Furthermore, there are reports of eBay sellers who are starting up their own web sites and using Google or Yahoo ads to sell their goods. They are frustrated with eBay's increased fees and inability to combat fraud.