eBay settles Skype software suitNovember 6th, 2009 SAN FRANCISCO - E-commerce giant eBay has settled its long-running legal feud with the founders of Skype, clearing the way for a $2-billion sale of the internet telephony pioneer, the company announced Friday. Under the terms of the settlement, Skype founders Niklas Zennstrom and Janus Friis will get a 14 percent stake in the consortium buying Sykpe from eBay in return for an undisclosed cash investment and the withdrawal of their lawsuits.
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 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 announces Skype spin-off planApril 15th, 2009 SAN FRANCISCO - Online auction house eBay said Tuesday that it plans to spin off its online telephony business Skype via an initial public offering by the middle of next year. The announcement was seen as an admission by the auction powerhouse that its $2.6-billion purchase of Skype in 2005 had not worked out as expected.
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.
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 3rd-qtr net income drops though revenue rose on PayPal payments service growthOctober 21st, 2009 EBay 3Q net income down 29 pct though revenue roseSAN FRANCISCO — EBay Inc. said Tuesday that even as third-quarter net income dipped 29 percent, its revenue rose largely because more people and merchants are using PayPal to pay for things online.
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.
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.
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.
EBay 3rd-qtr net income drops, but results show marketplace improvement efforts may be workingOctober 21st, 2009 EBay 3Q net income falls, but revenue risesSAN FRANCISCO — Despite a 29 percent decline in third-quarter net income, eBay Inc. saw stronger revenue in its marketplaces businesses, suggesting that efforts to revitalize its main Web site are gaining traction among bargain-hungry shoppers.
EBay calls on EU to change rules restricting online sale of luxury brandsSeptember 17th, 2009 EBay calls on EU to change luxury brand rulesBRUSSELS — EBay Inc. called Thursday on the European Union to change antitrust rules that allow luxury manufacturers to choose who can sell their branded goods online.
eBay 1st-qtr profit, revenue fall on weak economy but beat analyst expectationsApril 22nd, 2009 eBay 1st-qtr profit, sales fall on weak economy
NEW YORK — EBay Inc. said Wednesday the weak economy led to lower earnings and revenue for the second consecutive quarter, but the online marketplace operator's results still beat analysts' expectations.
Software maker Retalix plans to sell stake; founder who is CEO to retire at year's endSeptember 3rd, 2009 Investor group to take 20 percent stake in RetalixRA'ANANA, Israel — Software maker Retalix Ltd. said Thursday it will sell a 20 percent stake in the company to a group of investors.
Intuit completes purchase of personal finance site Mint.com for $170MNovember 2nd, 2009 Intuit completes buyout of Mint.comMOUNTAIN VIEW, Calif. — Tax and finance software maker Intuit Inc.