According to Reuters, most mutual fund companies side with management on proxy issues. The Wall Street Journal writes that Ebay (EBAY) is taking a $1.4 billion charge for Skype. The Wall Street…
eBay Inc. (Nasdaq:EBAY) has announced this morning that Niklas Zennstrom has stepped down as CEO of Skype. Zennstrom, who co-founded Skype in 2003, will become non-executive chairman of the Skype Board of…
Douglas A. McIntyre Online retailer Amazon (AMZN) hit a 52-week high last week. So did Priceline (PCLN), Expedia (EXPE), and eBay (EBAY). Even Overstock (OSTK) made the list. On the 52-week low side of the…
Overall short selling has dimished for August, but it appears the short sellers are sticking around for a fight in some of the go-to internet stocks. DECREASED SHORT INTEREST: Google (GOOG) …
During the period that Ebay’s (EBAY) Skype VoIP operations were down, traffic to the skype.com website surged according to Alexa.com. Not that it did the visitors any good. Skype was off-line for…
Douglas A. McIntyre Skype is not working out very well for Ebay (ABAY). That is not just because the service has been down for two days, keeping it over 200 million subscribers off of the…
After Ebay’s (EBAY) last earnings report, CEO Meg Whitman made it clear that the company was not getting a good return on its investment in free VoIP service Skype. EBAY is paying…
Douglas A. McIntyre According to Reuters, Dell (DELL) will restate four years of results after an audit that lasted over a year. Reuters writes that Bear Steans (BSC) will cut 240 jobs in its sub-prime…
Ebay (EBAY) paid a lot of money for Skype. It ought to at least work. This AM the world’s largest VoIP service is off-line as is the home website help page. Perhaps…
Management at Skype is under pressure from its parent Ebay (EBAY) to deliver some revenue. The company’s last 10-Q shows "communications revenue", Skype, with revenue of $89 million. Skype had 220 million…
As 24/7 reported earlier this week, Amazon (AMZN) will begin beta testing its new Flexible Payments Service. While the product will compete with Google (GOOG) CheckPoint, it is a much bigger threat…
A report at TechCrunch indicates that Amazon (AMZN) will launch on online payment service to compete with Ebay (EBAY) PayPal and Google (GOOG) Checkout. TechCrunch writes users will be "redirected to Amazon’s…
Meg Whitman, the CEO of Ebay (EBAY) was not very subtle: "Skype … is not where we want it to be in terms of user activity. This will require increased attention and…
Douglas A. McIntyre (AMTD) TD Ameritrade trading up 1% after beating and raising target.(AVCI) Avici Systems trading up 29% on higher revenue guidance after earnings.(BAC) $1.28 EPS vs $1.20 estimate.(CAL) Continental $2.10 vs 1.84 estimate.(CTXS)…
According to Reuters net income at Ebay (EBAY) rose 50%. Reuters reports that net income at IBM (IBM) rose 12% on strength in its software business. Reuters writes that Vodafone’s (VOD) revenue…
