CNET News' Declan McCullagh explains the patchwork of statutes governing the tax treatment of digital downloads as well as the online purchase of goods and services. The long and short of it: make sure you know what to do before mailing in that envelope.Listen now: Download today's podcast
Skype's founders are reportedly encountering turbulence in striking a deal with eBay to buy back the Internet phone service, despite the financial backing from a group of large private equity firms, according to The Wall Street Journal.
KKR, Warburg Pincus, Elevation Partners, and Providence are reportedly teaming up with founders Niklas Zennstrom and Janus Friis, who reportedly are interested in repurchasing their company from eBay.
But eBay and the founders' group face a wide gap on price, the Journal reported, and a deal involving the private equity firms appears unlikely.
The private equity firms are reportedly interested in kicking … Read more
Amid stormy economic seas, auction giant eBay has thrown overboard StumbleUpon, the recommendation and "discovery" start-up that it purchased in 2007 for approximately $75 million.
Replacing corny nautical puns with corny alcohol puns, this looks like a symptom of the hangover that followed eBay's acquisition binge during Web 2.0's heyday. Even though many speculated that eBay would use StumbleUpon's technology to power product recommendations, the two companies just didn't find a fit--or a way to make a decent return. eBay's acquisition habits have been more vocally criticized when it comes to Skype, … Read more
In this case it refers to Jeff Bakalar's face, but it could also refer to Amazon, Steve Jobs, and Skype. Well at least in part. Find out all about all of these things in today's scary and caliente episode. --TomListen now: Download today's podcast EPISODE_951
Amazon criticized for de-ranking ‘adult’ books http://news.cnet.com/8301-1023_3-10217715-93.html
… Amazon says it was a glitch…
Amazon told gay writer it was due to “adult” material http://markprobst.livejournal.com/15293.html
It seems that Bernie Madoff, the Fonzi of the Ponzi, had little use for technology for much of his life. He may not have even bothered making any online trades, for example.
However, he (or rather the trustees of whatever there is left of his swindling) has resorted to eBay to sell a couple of rather fine tickets to the New York Mets' opening day game.
These tickets--conveniently situated near the Mets dugout--are not the actual tickets that might have been graced with Madoff's behind. His trustees exchanged his chosen tickets for these in a deal with the Mets. … Read more
The founders of Skype may be trying to repurchase the Internet phone service, The New York Times reported Saturday.
Niklas Zennstrom and Janus Friis sold their company to eBay four years ago for $2.6 billion. Sources told The New York Times the two men have been meeting with private equity firms and gathering their own funds to finance the deal.
Since selling their company, the two have created venture capital firm Atomico.
According to Skype, its service has more than 405 million registered users. The compares with 54 million users when eBay bought it in 2005.
eBay has acknowledged … Read more
New York comes alive with its car show, car batteries that are grown, not built, want to steal a car legally? And a ride in a little Dodge that defies description.Listen now: Download today's podcast SHOW NOTES
Times are tough in Detroit. Many citizens of the city are struggling to find ways to keep their homes and find steady work. It couldn't get much worse.
But thanks to Jay Leno and eBay joining forces, it actually has gotten worse.
Jay Leno is planning a free stand-up comedy show for struggling Detroit residents. The tickets were made available Monday morning. By Monday night, Leno noticed that some of the tickets he gave away were on sale on eBay for "eight hundred something dollars," he said.
During his television monologue Monday night, Leno told viewers about the situation and explained that "you're out of your mind to pay $800 to see me." And then he asked eBay to cease all ticket sales for his live show. "I would like to ask the people at eBay to take the tickets down," he said. "There's nothing for sale here. It's just totally free."
By Tuesday, all instances of the sale were down from eBay. According to the company, Leno's request to have the tickets removed falls under its "Authorized Resellers Only" policy, so all would-be sellers were banned from selling tickets to the events.… Read more
Intel announced two new board members Thursday as Carol Bartz, CEO of Yahoo, resigned from the board.
The chipmaker said Thursday that John J. Donahoe, CEO of eBay, and Frank D. Yeary, vice chancellor of the University of California at Berkeley, have been elected to serve on Intel's board of directors.
Concurrently, Intel announced that Carol Bartz, the new CEO of Yahoo, is retiring from the board.
Intel issued the following information about the two newly elected board members:
Donahoe, 48, has served as eBay president and CEO since 2008. He joined eBay in 2005 and oversaw the company'… Read more
eBay on Wednesday announced plans to revise its struggling marketplace unit, giving it greater focus on its core used goods auction business, rather than its retail business, the company said during its analyst day presentation.
The news apparently pleased Wall Street, which bid up eBay shares 4.7 percent Wednesday, as the company held its analyst day. eBay shares continued to rise Thursday, climbing 2.24 percent to $11.89 a share in morning trading.
With its announcement, eBay addresses one of Wall Street's long-held complaints that the e-commerce giant suffers from an identity crisis. Analysts have previously said … Read more