Summary: eBay profits and Whitman's exit
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WHITMAN'S DEPARTURE: After a decade as CEO of eBay Inc., Meg Whitman, 51, is stepping down. She'll be replaced by John Donahoe, 47. Whitman came to the online auctioneer after Old Economy experience at Walt Disney Co., Hasbro Inc., Procter & Gamble Co. and Bain & Co., providing steady supervision to what still was a shaky startup.
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Plus: Palm's losses continue...Take-Two loss shrinks, but outlook falls short...Adobe profit up 21 percent.
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EBay Inc warned that results for the current quarter and year would fall below Wall Street expectations, spoiling strong 2007 year-end results and the planned departure of long-serving Chief Executive Meg Whitman.
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A month after its unpopular price hikes, the auction site seeks to smooth some ruffled business feathers. Also: Kuwait blocks radical websites to combat terrorism.... Google loses a legal round in France.... and more.
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eBay (Quote, Chart) CEO Meg Whitman isn&#39;t interested in filling the top spot at Walt Disney Co. (Quote, Chart) when Michael Eisner retires in 2006, a spokesman for the auction giant told internetnews.
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EBay (EBAY), the world&#39;s largest online marketplace, Wednesday posted a quarterly profit that rose 77% from a year ago, fueled by growth in its international and PayPal businesses.
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Successor has big pricing changes ready Ten years of hawking Britney Spears' used undies and Hummel figurines proved enough for Meg Whitman. The eBay CEO today announced her departure plans, as her company dished out solid fourth quarter figures.â¦Learn &amp; Contribute, Live &amp; Online - The Register Debates Green Computing
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EBay Inc., a perennial investor darling that defied the dot-com collapse, is warning Wall Street that its 2005 financial performance will fall short of bullish expectations.
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EBay Inc., the world's largest online marketplace, on Wednesday posted a 77 percent increase in quarterly profit, fueled by strong back-to-school shopping and growth in its international and PayPal businesses.
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SAN JOSE, Calif. -- Meg Whitman, the Web-pioneering chief executive of eBay Inc., is preparing to retire after a decade at the helm of the online auctioneer, according to a published report.
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Plus: Adobe earnings, outlook top Street...TiVo swings to a loss...HP profit gains on cost cuts, cheaper components.
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NEW YORK - Meg Whitman, president and chief executive officer of the online auction company eBay Inc topped Fortune magazine&#39;s list of &quot;Most Powerful Woman in Business&quot; for 2004.
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The title of most powerful businesswoman is going, going, gone, to eBay Inc.'s Meg Whitman.
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Plus: TiVo posts small profit...Novell reverses year-earlier profit...Lenovo posts 2006-07 net surge.
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EBay Inc  warned that results for the current quarter and year would fall below Wall Street expectations, spoiling strong 2007 year-end results and the planned departure of long-serving Chief Executive Meg Whitman.
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Ebay, the world's biggest online auctioneer, is to close its primary China site and form a new partnership with Beijing based, Tom Online, according to news reports. Ebay is expected to pay $40 million for a 49% stake in the venture.
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Today, Seesmic, the company founded by Loic Lemeur, announced their initial $6 million funding. Several people noticed that my name isn't on the list of investors.  I'll probably end up kicking myself when Seesmic becomes the next Google or YouTube. I remain a fan of the company and Loic and his team and will be rooting for them.  Why did I get cold feet? It has nothing to do with the product or the company, both of which appear to be outstanding. It's the stock market. I had to make the final Seesmic decision as I was getting out of stock, at a significant loss. The only stock I hold now is AAPL, and sadly, it's way under the price I paid for it a few months ago. Like a lot of other investors, right now stocks give me the willies. I will likely get back in, slowly, a little bit every week to average out the price, hoping the market has found a bottom.