eBay

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EBay Honcho Whitman to Step Down
EBay Honcho Whitman
to Step Down
Jan 22, 2008 3:50 AM CST

EBay Honcho Whitman to Step Down

High-profile CEO preparing for retirement, insiders say

(Newser) - Meg Whitman is getting ready step down as eBay chief executive, the Wall Street Journal reports. She has been delegating more of her responsibilities, insiders tell the Journal,  and preparing for a successor to take charge. Whitman has been at the helm of eBay for almost a decade, a...

Amazon Holiday Traffic Winner
Amazon Holiday Traffic Winner
Jan 15, 2008 11:21 AM CST

Amazon Holiday Traffic Winner

Dethrones eBay in pageviews for first time

(Newser) - Nielsen Online has declared Amazon the pageview winner for the holiday season, reports the New York Times. Amazon had 59,624,000 views to eBay’s 59,374,000, a slim margin, but a big turnaround on previous years. Brad Stone cites consumer concerns over fraud and counterfeit as possible...

New Web Trend Sparks David vs. Goliath 2.0

Web giants mobilize to stop developers from 'scraping' their content

(Newser) - Some call it “scraping,” others call it “importing.” Either way, it’s a controversial process pitting independent software developers against the titans of the cyber world: Techies compile, or scrape, loads of data from search engines and social networking sites and pool the data on their...

EBay Fights Web Fraud Gangs in Romania

Inside the war against online auction fraud

(Newser) - Internet giant eBay is battling online auction fraud—and the center of the struggle is a Romanian town in the Carpathian mountains. A top eBay investigator, who has US Secret Service protection, forages police files in the region to combat scams. Internet auction fraud is the specialty of Romanian crime...

Giants Fans Intercept the Green for Pats Historic Day

Playoff spot nailed, so NY fans cash in on tix

(Newser) - Thousands of New York ticket  holders are banking on the Giants losing next Saturday to the undefeated Patriots—or at least that's what they're telling New England fans who are snapping up unwanted tickets online for big bucks. With New York's playoff berth already secure and many starters likely to...

$100 Laptops Fetch $600 on eBay
$100 Laptops Fetch $600 on eBay
Dec 25, 2007 11:11 AM CST

$100 Laptops Fetch $600 on eBay

US consumers go nuts over discount charity laptop

(Newser) - The $100 laptop is turning into the $600 laptop on eBay, reports the San Jose Mercury News, sealing the novelty value of the computer aimed at children in developing countries. Nonprofit One Laptop Per Child is also hawking the laptops through year's end, but many shoppers shelled out extra in...

'Knight Rider' Car for Sale on eBay
'Knight Rider' Car for Sale
on eBay
Dec 21, 2007 11:05 AM CST

'Knight Rider' Car for Sale on eBay

1984 Pontiac Trans-Am won't talk, will help pay off owner's debts

(Newser) - One of the original KITT cars that David Hasselhoff rode to fame in “Knight Rider” is up for sale on eBay. The 1984 Pontiac Trans-Am, one of a handful of computer-operated vehicles used on the mid-1980s TV show, is being auctioned as lawyers for its late owner, real estate...

New Era at eBay Includes Absent CEO, Turmoil

Auction site leaning on Skype, other new services for renewal

(Newser) - Online auction site eBay is sailing into new, perhaps troubled waters, reports Wired, as users write angry letters to newspapers, its CEO-in-waiting--John Donahoe--disses the site as a flea market, and CEO and founder Meg Whitman follows the campaign trail behind presidential hopeful Mitt Romney. Yet, in a down market, its...

eBay Halts Sale of Iraqi Treasure
eBay Halts Sale of Iraqi Treasure
Dec 18, 2007 4:24 PM CST

eBay Halts Sale of Iraqi Treasure

Smuggled 4,000-year-old tablet was taken down minutes before auction closed

(Newser) - eBay called off the auction of a 4,000-year-old clay tablet last week just minutes before it closed because an expert suspected the artifact had been smuggled out of Iraq, the Guardian reports. A German archaeologist alerted authorities after spotting the tablet, a business-card-size object covered in distinctive cuneiform script,...

Guitar Hero: $9K; Lesson to Pothead Son: Priceless

Dad scores, then sells coveted video game

(Newser) - Christmas came early for a father who sold a rare $90 Guitar Hero III video game for $9,100 on eBay. He searched for "the Holy Grail of Christmas presents" for 2 weeks, he said in his auction description, and "couldn't wait to spread the jubilance to my...

Cutting Back on E-Consumerism
Cutting Back on E-Consumerism
Dec 17, 2007 12:10 PM CST

Cutting Back on E-Consumerism

PC World's Grant Gross joins activist online group

(Newser) - While many Americans spend big bucks online, some are using the Internet to tone down their consumerism. PC World's Grant Gross has joined a national group called the Compact, which encourages members to swear off buying new stuff whenever possible and stick to local products. It's a step "beyond...

Nintendo's Wii Shortage Is Good Business Strategy

Firm sees benefits of its conservative culture

(Newser) - Nintendo’s Wii is proving hard to find in the holiday rush, a phenomenon the Wall Street Journal says is indicative of the Japanese company’s cautious culture—but also good business sense. Nintendo is cautious for a reason: it saw its fortunes rise with the original NES and SNES...

eBay Returns to Japan With Yahoo Union

Deal is latest in string of partnerships in Asia

(Newser) - eBay is returning to Tokyo after 5 years away, teaming with Yahoo Japan on a cross-bidding website launching today. The auctioneer couldn’t make inroads in its first Japanese foray, a rare failure; the new Yahoo deal is the latest in a string of partnerships in Asia, including sites under...

Now PayPal Is Everywhere MasterCard Is

New service aims to protect financial info, simplify shopping

(Newser) - PayPal is offering a new way for customers to pay on sites that don't normally accept the service. PayPal Secure Card creates a new MasterCard number for every transaction and retrieves members' payment information from their PayPal accounts. "From a merchant's perspective this looks like any other MasterCard transaction,...

Inside the 'PayPal Mafia'
 Inside the 'PayPal Mafia'
Nov 15, 2007 4:55 AM CST

Inside the 'PayPal Mafia'

Company's first generation behind $30 billion of cutting edge companies

(Newser) - They may be the most brilliantly successful—or luckiest—or both—small group of entrepreneurs in history: PayPal alumni who, like founders Peter Thiel and Max Levchin, left the company to create $30 billion worth of innovation: YouTube, Facebook, Slide, Yelp, Digg, investment firms, philanthropies, solar-power companies, an electric car...

eBay Launches Microfinance Loan Site

Users can lend money to the world's poor... and earn interest

(Newser) - EBay's newly launched MicroPlace lets users make loans through PayPal or a bank account to needy entrepreneurs worldwide. The idea? Even small sums can help poor people build businesses to raise themselves out of poverty. The site's founder remembers one Bangladeshi woman who bought a handloom, thus earning enough to...

Young Tycoons in Endless Pursuit of Next Project

No rest for driven Silicon Valley moguls

(Newser) - Rather than reveling in his $100 million fortune, mogul Max Levchin spent a year feeling "worthless and stupid" after he sold PayPal to eBay at the age of 27. Too young to retire, too restless to become a philanthropist, Max was like many young Silicon Valley tycoons dogged by...

Limbaugh Letter Brings Record $2.1M on eBay

Critical letter from Dems auctioned to benefit charity

(Newser) - A letter to conservative radio show host Rush Limbaugh from 41 Democratic Senators sold yesterday on eBay for $2.1M, a record for an eBay item sold to benefit charity. The Dems who wrote the letter objected to Limbaugh labeling Iraq veterans critical of the war as "phony soldiers,...

Patriots Get Names of Web Ticket Sellers

StubHub says move to curb scalpers violates customer privacy

(Newser) - A Mass state court has given the New England Patriots the names of people who bought and sold the team's tickets on the StubHub website. The team is suing the site, owned by eBay, because reselling tickets for profit is technically illegal (though the law is rarely enforced). StubHub and...

eBay Posts Big Growth but Net Loss Thanks to Skype

Skype write-down takes byte out of auction company

(Newser) - EBay reported strong growth in some sectors despite posting a $936 million net loss for the third quarter, reports the Wall Street Journal. Most of the loss is due to the company writing down internet calling company Skype by $1.39 billion after eBay found it difficult to make money...

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