After 3Q Loss, EBay Reorganizes Skype
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SAN FRANCISCO -- EBay Inc.'s Skype division has let down eBay executives, but they're confident they can reorganize the troubled Internet phone unit and make it more useful to people outside of the online marketplace.
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Microsoft&#39;s Passport authentication technology lost a prominent partner this week when eBay announced that it would stop supporting customer logins through Microsoft&#39;s Passport and .
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Losers together MySpace has agreed to let eBay's IP telephony damp squib Skype plaster its pages with click-to-call buttons.â¦
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EBay Inc. on Wednesday missed  Wall Street's earnings expectations for the first time in at  least three years, sending its shares down nearly 12 percent  and taking other Internet stocks lower.
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EBay  division Skype and mobile  phone group 3 have launched a mobile handset that allows Skype  users to make free Internet calls to each other while on the  move.
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EBay says it is ending its ad pullout from Google's U.S. AdWords network.
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Vonage tanked after its IPO. It's not entirely clear anymore why eBay paid $2.6 billion for Skype. And the long-awaited rollout of advanced TV services based on Internet technologies has resembled the drip of a faucet.
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InfoWorld - A programming error in eBay's Skype communications software could give cybercriminals a new way to sneak their malicious software onto a victim's PC.
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France Telecom is shaking up management at its loss-making business services subsidiary Equant in a bid to revive trading. Charles Dehelly, chief operating officer of Thomson, the
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Losses ballooned to $207.3 million for the third quarter, driven by lower extended warranty sales and restructuring costs.
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WASHINGTON - MCI Inc. on Thursday reported a $3.4 billion third-quarter loss as it wrote down the value of its assets due to a withering price war for long-distance telephone service.
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eBay exceeded Wall Street&#39;s earnings and revenue expectations for its fourth quarter and,&#160;as expected, announced that Meg Whitman will step down as president and CEO at the end of March, ending a 10-year tenure at the helm of the e-commerce giant.For the quarter ended Dec. 31, 2007, eBay had revenue of $2.18 billion, up $461 million from the fourth quarter of 2006 and above the $2.14 billion consensus estimate from analysts polled by Thomson Financial.Revenue grew across the board, but PayPal, StubHub, Skype, and advertising performed particularly well as eBay enjoyed strong sales during the 2007 holiday season, the company said Wednesday.New income was $531 million, or $0.39 per share, up from $346 million, or $0.25 per share, in 2006&#39;s fourth quarter. On a pro forma basis, which includes one-time items, net income was $611 million or $0.45 per share, topping the consensus expectation by $0.04.Whitman will hand over her CEO and president titles on March 31, but she will remain on the company&#39;s board of directors. She will be succeeded by John Donahoe.Whitman joined eBay in March 1998, when the company operated only in the U.S. and had 30 employees and $4.7 million in annual revenue. It now operates worldwide with more than 15,000 employees and almost $7.7 billion in revenue.Donahoe has been with eBay since February 2005, coming from Bain &amp; Company, where he was worldwide managing director since 1999. He is president of eBay Marketplaces, which generates more than 70 percent of the company&#8217;s global revenue.Rajiv Dutta, PayPal&#39;s president, has been named eBay executive vice president and will also replace Donahoe as president of eBay Marketplaces. Scott Thompson, PayPal&#8217;s CTO, will take over as PayPal president.Meanwhile, Bill Cobb, president of eBay North America, will step down and retire from the company at the end of the year. Lorrie Norrington, currently president of eBay International, will become president of eBay Marketplaces Operations and assume Cobb&#39;s responsibilities, eBay said.
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EBay Inc.  on Wednesday missed Wall Street's earnings expectations for the first time in at least three years, sending its shares down nearly 12 percent and taking other Internet stocks lower.
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EBay Inc. said Thursday that it shuffled the positions of three senior vice presidents, promoting each in title and creating new heads for PayPal, eBay International and eBay North America.
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Deutsche Telekom is changing its  management structure after poor quarterly results revealed that  Europe's biggest telecoms group by sales was no longer growing  in its German home market.
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SAN FRANCISCO - EBay Inc. announced a senior management reorganization Thursday, increasing international responsibilities for three executives and underscoring the significance of the company&#39;s tremendously profitable PayPal division.
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While Google might not be interested in entering the mobile devices market, on Monday Skype removed all doubt that the eBay-owned VoIP software maker intends to do so.