Obama Jobs Bill Bypasses Sources of Growth
2010-03-19 01:46:15
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Carmen Nobel ,Small Business
Quote: Kauffman refers to such companies as "gazelles." A prime example is eBayEBAY), which started out with one employee in 1995, had 620 by 1999 and has around 15,000 today."It might make sense, then, that policymakers casting worried glances at the unemployment projections might seek to somehow create more high-growth firms in the United States," the report states. While it's hard to predict which companies will go the way of eBay and which will go the way of Pets.com, the U.S. might have better luc...
Read article[$$] PayPal Strikes Deal To Expand in China
2010-03-19 01:46:15
Quote: FOWLEREBay Inc.'s PayPal said it will partner with China UnionPay Co., China's largest electronic-payment-service provider, to let Chinese consumers shop from overseas merchants, a move that opens a massive segment of the Chinese market for PayPal and presents new competition for eBay's Chinese rival Alibaba Group. PayPal also said it will double its work force in Asia to 2,000 by the end of the year. A large portion of PayPal's current business in China consists of transactions by eBay merchan...
Read articlePREVIEW-Google adword win in Europe wouldn't end battles
2010-03-19 01:46:14
Keywords: IT services and consulting,Commercial services and supplies (industry group),Industrial machinery,Machinery,United States of America,Apparel and accessories,Leisure products,France,Western Europe,Europe,Department stores,Retailing,United Kingdom,Footwear,
Quote: Read articleGE opens up wallet for wind, wastewater segments
2010-03-18 08:38:43
Keywords: Industries|Energy, GE, General Electric Co, DUK, Duke Energy Corp, GE, General Electric Co, AONE, A123 Sys Inc, EBAY, eBay Inc
Quote: Instead of customers paying for solar panels, SolarCity installs them and then charges customers for the electricity.The arrangement eliminates the big upfront costs and maintenance responsibilities of owning solar panels, he said.Federal tax credits, state and local government rebates, and utility purchases of the power help reduce costs as well, he said.SolarCity installed a 700 kilowatt system at the EBay/quotes/comstock/15*!ebay/quotes/nls/ebay(EBAY26.98,+0.19,+0.71%) office in San Jose, Cal...
Read articleUPDATE - PayPal says business to double on Asia strength
2010-03-18 08:38:42
Keywords: IT services and consulting,Retailing,Commercial services and supplies (industry group),Industrial machinery,Machinery,United States of America,Software and IT services,Technology,Asia,China,Singapore,Emerging countries,Company News item,Economic news, EC,
Quote: UPDATE 1-PayPal says business to double on Asia strength
* Expects business to double by 2011 from 2008 * Asia is fastest-growing region for PayPal, CEO says * Parent company eBay shares up 1 percent(Adds China UnionPay deal, stock move) SINGAPORE, March 17 (Reuters) - PayPal, a unit of eBay Inc
(EBAY.O), expects its business to double by 2011 from 2008 as
more people do online transactions and its presence in Asia
grows, President Scott Thompson said on Wednesday. PayPal also said it will work...
Read articlePayPal plans to double staff in Asia by year's end
2010-03-18 08:38:41
Quote: SINGAPORE (AP) -- PayPal, the online payments unit of Internet auction site operator eBay Inc., plans to double its staff in Asia to 2,000 by the end of the year."Asia is our fastest growing market and we absolutely expect that trend to continue," president Scott Thompson said Wednesday. "This is going to be a massive market and we look forward to having a really big business here."PayPal's fourth-quarter revenue outside the U.S. was $364 million, or 46 percent of overall revenue.Yahoo Inc.PayPa...
Read articleEBay's PayPal forges agreement to expand in China
2010-03-18 08:38:40
Keywords: , EBAY, eBay Inc, 1688, Alibaba.Com Ltd, ALBCF, Alibaba Com Limited
Quote: HONG KONG (MarketWatch) -- EBay Inc./quotes/comstock/15*!ebay/quotes/nls/ebay(EBAY26.98,+0.19,+0.71%) has struck an agreement with China UnionPay Co., the mainland's largest electronic payment group, in a deal that will allow Chinese consumers to purchase from overseas merchants using the on-line auction houses' Paypal unit, according to a published report Thursday. Under the deal Paypal will gain access to a massive segment of the Chinese market and present a challenge to EBay's China rival Ali...
Read articleInternet fraudsters find savvy ways to steal, says FBI
2010-03-17 02:18:48
Keywords: scam, scheme, theft, Internet, FBI, Nigerian prince
Quote: Instead of coming from a stranger, it's coming from someone who is supposedly your friend."EBAYFortune 500), but fraudsters have quickly moved on and been "setting up shop" on other popular Web sites, such as Craigslist. "Criminals in some situations have figured out the algorithms used to get their Web sites listed very high in search links," he added.The FBI also warned against scams that use its name in vain, which was the most popular type of Internet fraud last year...
Read articleEBay spent $415,000 on lobbying in 4Q
2010-03-17 02:18:45
Quote: WASHINGTON (AP) -- Online auction site operator eBay Inc. spent $415,000 during the fourth quarter to lobby the federal government on anti-counterfeiting measures and other issues, according to a disclosure report.That was an increase of nearly 9 percent from the $382,500 eBay spent in the same quarter a year earlier, but 23 percent lower than the $539,000 it spent in the third quarter of 2009.San Jose, Calif.-based eBay also lobbied the federal government on legislation involving issues such as...
Read article[$$] Bulls Seize on eBay, Paychex
2010-03-15 01:04:22
Quote: Among the companies in which traders showed interest were eBay and Paychex. In eBay, the California company whose shares reached a 52-week high, traders showed a preference for bullish contracts, picking up 41,000 calls that allow them to buy the company's stock and 13,000 puts that allow them to sell it, according to Track Data. One trader surfaced midway through the session to roll out a bullish position in eBay's April contracts—unwinding out .........
Read articleWhitman's Funds May Present Conflicts, Report Says
2010-03-15 01:04:22
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: reported, citing an economic-interest disclosure filed by the former eBay chief.
Her investments present potential conflicts of interest for a governor, the newspaper said. A spokesman for Ms. Whitman said the candidate would probably put her investment holdings into a blind trust should she win the race in order to avoid those conflicts.
Ms. Whitman, whose net worth is estimated to be around $1.2 billion, has holdings in a distressed-assets investing fund and two leveraged-financing funds at Go...
Read articleThe $21 million iPad
2010-03-15 01:04:21
Quote: eBay is already flooded with dubious offers of iPads and iPad paraphernaliaIt's not too late to bid on the new, sealed-in-box 16GB iPad being offered by egiftscentral_123 — an eBay "top-rated seller" with 99.3% positive feedback — for the Buy It Now price of $21 million (plus $14.42 for shipping).
EBAY).
AAPL) began taking orders online — and three weeks before the device ships — a search for "iPad" on eBay turned up 2,078 listings, from iPad scre...
Read articleDesigner Narciso Rodriguez Introduces First Ever Capsule Collection for Spring/Summer Season, Available Now Exclusively on eBay
2010-03-12 01:48:17
Quote: NASDAQEBAYNewsNarciso Rodriguez for eBay Collectionwww.ebay.com/narcisorodriguezforebayNarcisoRodriguez eBay Store, redefining how and where savvy shoppers canbuy designer fashion at extraordinary value.“I am extremely excited by the possibilities that this new online saleschannel brings to my business long term,†says Rodriguez. “For me it’salways been about dressing many women of all ages, all types, all sizes,and this special collection on eBay is a unique opportunity...
Read articleOpen source search startup Lucid Imagination raises $10M
2010-03-12 01:48:16
Quote: said Thursday it has completed its Series B funding with $10 million in new investments.The San Mateo-based company said new investor Shasta Ventures of Menlo Park was joined by existing San Francisco-based investors Granite Ventures and Walden International.The company said it will use the funding to accelerate adoption of its Lucene/Solr search technology.Lucid Imagination was profiled in the Business Journal's weekly startup profile, The Pitch, in April 2009.Led by CEO Eric Gries, its custome...
Read articleForbes: Honolulu’s Omidyar on billionaire list
2010-03-12 01:48:13
Quote: Honolulu resident Pierre Omidyar is among the world’s top billionaires, according to a Forbes magazine report released Wednesday.Omidyar, the founder of eBay, shared the 148th ranking with three others that have an estimated worth of $5.2 billion.Omidyar’s latest venture is a Honolulu-based online media service called Peer News that is expected to debut during the second quarter of 2010.The top three billionaires in the Forbes list are, respectively, Carlos Slim Helu and family of Me...
Read articleSmall Michigan Television Station Is 'Priced to Sell' on eBay
2010-03-12 01:48:12
Keywords: New York Times, television, guide to television, TV Decoder, Carpetbagger, guide to media, newspapers, magazines, media, movies, marketing, new media.
Quote: Or even be a millionaire, apparently.
A UHF station in western Michigan – WMKG-LP, Channel 38 – that airs a mix of live talk shows and outdoor sports programming, is “priced to sell†at $700,000, according to its listing on eBay. And the owner, Bud Kelley, says he’ll go even lower.
Mr. Kelley had originally listed the station – including property, license and equipment – on the online auction site for $1 million before dropping the price to $700,000, a...
Read articleFive Things You Need to Know: When in Doubt, Blame the Shorts
2010-03-09 01:51:00
Keywords: crash,pandit,singularity,thiel,short,sellers,citigroup,ebay,bank of america,sp500,kbw,index,demark,ECONOMY,C,BAC,GOOG,EBAY
Quote: ADVERTISEMENT HEREPopular Science...Popular ScienceWired Peter Thiel Explains How to Invest in the Singularity.In that 2007 piece, Bryan Gardiner outlined the views of Peter Thiel, co-founder of PayPal, which was later acquired by eBay EBAY), and president of Clarium Capital Management, on "the coming singularity." That's so 2007! Here we are three years later and few are talking about the concept of the coming singularity now. What happened? A couple of things, each related to social ...
Read articleEBAY INC Files SEC form 8-K, Change in Directors or Principal Officers
2010-03-09 01:50:59
Quote: Item 5.02.Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
At a regularly scheduled meeting of the Board of Directors (the "Board") of eBay
Inc. (the "Company") held on March 3, 2010, the Board determined to move one of
the directors from Class II (with a term expiring at the 2012 annual meeting of
stockholders) to Class III (with a term expiring at the 2010 annual meeting of
s...
Read articleeBay Commits to Saving Up to a Quarter of a Million Acres of Rainforest for Consumers who Choose to Reuse
2010-03-09 01:50:58
Quote: SAN JOSE, Calif.--(BUSINESS WIRE)--eBay, the world’s largest online marketplace, today announced the launchof the eBay Green Team Challenge, a program that translates greenshopping into tangible environmental impact. For the first 250,000people that pledge to reuse on eBay, the company will protect an acre ofrainforest in their name through a new collaboration with Team Earth, aunique coalition of NGOs, private sector companies and individualsconvened by Conservation International (CI).In...
Read articleJerry Brown seeks return to Calif. governor's desk
2010-03-04 09:35:58
Quote: His ability to raise money and gain endorsements frightened away other Democrats, including San Francisco Mayor Gavin Newsom.After the June primary, Brown will face of one of two wealthy Silicon Valley Republicans in the general election: former eBay CEO Meg Whitman, a billionaire, or state Insurance Commissioner Steve Poizner, who also became a multimillionaire as a high-tech entrepreneur.Brown says only someone with a long political resume such as his has the experience to solve California's o...
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