Category Archives: eBay News

News: eBay’s New Ad Campaign

Source: eBay What is it? “it”, the new eBay brand campaign launched on October 20, 2005. “The campaign is designed to attract buyers by celebrating the extremely wide range of great things you can buy on eBay, just in time for the holiday shopping season,” writes Kevin McSpadden, eBay Brand Marketing Director. We’re looking to…

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News: Is eBay on Santa’s List?

Source: BusinessWeek Online If eBay is any indication, this holiday season could be more of a nail-biter for e-commerce companies than most folks had expected. On the surface, you wouldn’t think so: The online marketplace reported results on Oct. 19 that met analysts’ third-quarter profit and sales expectations, hiking profits 40%, to $255 million, or…

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News: eBay CEO: Free Phone Calls by 2010

Source: BetaNews eBay CEO Meg Whitman went toe-to-toe with a financial analyst during the company’s quarterly earnings conference call over the purchase of VoIP provider Skype. Analysts have criticized the buy, saying eBay overpaid for a technology that, at least at first look, will not advance its core business. However, Whitman disagreed with that assessment….

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News: eBay Investors Turn Picky

Source: internetnews.com eBay posted better than expected third-quarter results late Wednesday, but investors sent the company’s stock lower after hours on earnings guidance that was slightly below forecasts. eBay also announced that CFO Rajiv Dutta will become president of recently acquired Skype after his successor is named. Dutta will work with Skype CEO Niklas Zennstrom…

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News: eBay in Separation Pact With Senior VP Reedy

Source: Morningstar Online auction company eBay Inc. said Wednesday that it entered into a separation agreement with Lynn M. Reedy, its senior vice president, product, development and architecture, according to a filing with the Securities and Exchange Commission. Reedy will resign as an executive officer on Oct. 31 but remain employed at the San Jose-based…

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News: eBay Fails to Impress

Source: Newsradio 600 KOGO (San Diego, CA) eBay posted a solid third quarter and named a trusted lieutenant to oversee its big Internet phone acquisition. But investors sold the stock late Wednesday as the company failed to deliver a big boost to guidance. The world’s largest Web auction site posted a 40% profit gain and…

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News: eBay Tumbles on Reduced Guidance

Source: CNN Shares of eBay tumbled about 6% in after-hours trading Wednesday after the online auction site reported third-quarter results in line with forecasts but issued guidance for the current quarter that disappointed Wall Street. eBay reported third quarter net profit jumped 40 percent and that earnings per share excluding certain items came in at…

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News: eBay Co-Founder Now Film Director

Source: The Mercury News Jeff Skoll — the shy multi-billionaire co-founder of eBay — left Silicon Valley last year, and set out to test his theory “that people are basically good”‘ on the movie industry. At first, people here quite naturally assumed he must be demented. But employing many of the same business principles he…

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News: VeriSign Sells Payment Unit to eBay

Source: TheDeal.com Continuing what has been an aggressive and expensive acquisition strategy, eBay Inc. agreed Monday, Oct. 10, to acquire VeriSign Inc.’s payment services business for $370 million in cash or stock. San Jose-based eBay and Mountain View, Calif.-based VeriSign also announced a strategic alliance that call for the two companies to collaborate on payment…

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News: Regulators Mull Licenses for Online Auctioneers

Source: MSNBC North Dakota’s Public Service Commission is exploring whether people must obtain auctioneer licenses before they can legally use eBay to sell merchandise for others. To get a North Dakota auctioneer’s license, applicants must pay a $35 fee, obtain a $5,000 surety bond and undergo training at one of eight approved auction schools, where…

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