EBay Skype to sell stake in Skype for $1.9 billion in cashSeptember 1st, 2009 EBay Skype to sell stake in SkypeSAN JOSE, Calif. — EBay Inc.
EBay developing software it could use to run Skype if it can't resolve tech licensing disputeJuly 31st, 2009 EBay working on alternative software for SkypeSAN FRANCISCO — EBay Inc. is developing software it might use to continue running the online telecommunications service Skype if it cannot resolve a legal dispute with a separate company run by the service's founders.
EBay to sell stake in Skype for $2B, reverses puzzling 2005 acquisition of telecom serviceSeptember 1st, 2009 EBay to sell part of telecom service Skype for $2BNEW YORK — EBay Inc. is trading control of the online telecommunications service Skype for about $2 billion, reversing a 2005 acquisition that many analysts considered a head scratcher from the beginning.
Company owned by Skype founders files copyright lawsuit that could throw wrench in Skype saleSeptember 16th, 2009 Skype founders file lawsuit against eBaySAN FRANCISCO — A company owned by the founders of Skype has filed a copyright infringement suit against the Internet phone service and parent eBay Inc. — an action that could crimp eBay's plans to sell Skype for about $2 billion to a group of private investors.
EBay to sell majority of telecom service Skype for $2B, partly reversing puzzling 2005 dealSeptember 1st, 2009 EBay partially undoes Skype deal, selling majoritySAN FRANCISCO — Rather than enduring the uncertainty of spinning off the Skype telecommunications service through a public stock offering, eBay Inc. has found a different way out: It is selling the majority of Skype for about $2 billion to a group of private investors.
Skype's Founders are in Talks to Buy it Back from eBayApril 11th, 2009 Niklas Zennstrom and Janus Friis, who sold Skype to eBay four years ago for $2.6 billion, wants to buy them back. Yeah, weird may it sound but that is what is buzzing around in the technology world right now.
EBay 2nd-qtr profit falls as drop in marketplaces revenue overshadows PayPal, Skype growthJuly 22nd, 2009 Economy keeps hurting eBay as 2Q profit fallsSAN FRANCISCO — The recession continued to hurt eBay Inc. in the second quarter, as earnings and revenue fell amid a sales decline in the main online marketplace, overshadowing growth in its payments and Skype communications units.
General Motors' partnership with eBay to sell new cars through Calif. dealers set to endSeptember 30th, 2009 GM's trial program selling cars on eBay set to endDETROIT — General Motors says it's ending a trial program that put new cars for sale in California on eBay as it shifts its focus to national marketing efforts. GM spokesman John McDonald said the trial was slated to end Wednesday, after a run of about six weeks.
EBay wins approval for acquisition of South Korea's online marketplace GmarketApril 23rd, 2009 EBay wins approval for South Korean acquisitionSEOUL, South Korea — Ebay Inc. has won regulatory approval to acquire online marketplace Gmarket, South Korea's antitrust watchdog said Thursday.
UK Advertising Authority bans eBay for being Oversmart about discounts claims, which apparently they weren't!April 22nd, 2009 UK agency bans eBay ad claiming 25 pct discounts
LONDON — Britain's advertising watchdog has told eBay to stop claiming that it offers new goods 25 percent below store prices. The Advertising Standards Authority said Wednesday that eBay's poster implied that shoppers could buy anything at that discount from store prices.
Bid on eBay for a whole hotel in Denver for New Year's EveOctober 5th, 2009 Bid on eBay for a Denver hotel for New Year's EveDENVER — The Curtis Hotel in Denver is putting itself up for auction on eBay for New Year's Eve. The winning bidder gets 330 rooms, the grand ballroom, live music, champagne, caviar, dinner, breakfast and of course all the staff to pull off a once-in-a-lifetime party.
French court rules against eBay for counterfeiting, orders damages paid to luxury group LVMHSeptember 18th, 2009 French court rules against eBay for counterfeitingPARIS — A French court has found eBay responsible for brand counterfeiting and ordered the online marketplace operator to pay the luxury group LVMH euro80,000 ($118,000) compensation for damages caused to famous perfume brands like Christian Dior and Kenzo. The Paris-based LVMH SA conglomerate had sued eBay Inc., accusing the San Jose, Calif.-based company of using its brands as keywords in Internet searches.
As part of turnaround, General Motors to test selling new cars on eBayJuly 10th, 2009 General Motors to try selling new cars on eBayNEW YORK — As part of its turnaround plan, General Motors Corp. said Friday it plans to experiment with auctioning new cars on eBay, expanding on an existing partnership covering certified used vehicles on the online marketplace.
EBay to let users list up to 5 auction items per month with no listing feeMay 12th, 2009 EBay cuts auction listing fees for casual sellersNEW YORK — The online marketplace eBay is eliminating some upfront fees to attract more sellers who occasionally auction off items. San Jose, Calif.-based eBay Inc.
Bank of America, MetLife, EBay, CardioNet are among big market movers TuesdaySeptember 1st, 2009 Bank of America, MetLife, EBay are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange:
NYSE:
Bank of America Corp., down $1.13 at $16.46
The bank is looking to pay back some of the billions in federal bailout aid it has received, according to a published report. MetLife Inc., down $2.79 at $34.97
A Raymond James analyst downgraded the insurer to "Market Perform" from "Strong Buy," citing the company's overvalued stock price.