The widely popular online auctioning site EBay is actually a shortened version of its full name: Echo Bay.  Sounds very random, but there is an explanation.  Pierre Omidyar was a software engineer at Apple who was working on developing a website for online auctions.  He branched off from Apple to become his own corporation which he named after his consulting firm, Echo Bay Technology Group.  Since was already taken, Omidyar settled for the shortened version:

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