TechAddress http://www.techaddress.com Providing the Latest User-Generated and Aggregate Technology News Fri, 28 Nov 2008 12:22:22 +0000 http://wordpress.org/?v=2.0.5 en eBay on a Shopping Spree, Buys Bill Me Later and DBA http://www.techaddress.com/2008/10/06/ebay-on-a-shopping-spree-buys-bill-me-later-and-dba/ http://www.techaddress.com/2008/10/06/ebay-on-a-shopping-spree-buys-bill-me-later-and-dba/#comments Mon, 06 Oct 2008 14:41:19 +0000 News web 2.0 web ebay acquisition paypal ebayquisition Payments San Francisco-San Jose classifieds bill me later DBA http://www.techaddress.com/2008/10/06/ebay-on-a-shopping-spree-buys-bill-me-later-and-dba/ Source:Mashable!

eBay just became an even stronger player when it comes to online payments and classifieds. The company has announced two acquisitions today: the first one is U.S.-based online payments business Bill Me Later for approximately $820 million in cash and approximately $125 million in outstanding options.

The second acquisition is Denmark’s leading online classifieds site dba.dk, as well as vehicles site bilbasen.dk for approximately $390 million in cash.

Bill Me Later, as explained by eBay’s president and CEO John Donahoe, is complementary to PayPal. “Together, PayPal and Bill Me Later will make online payments safer, easier and more convenient than ever,” he says. DBA, on the other hand, is another corner of the world conquered as far as classifieds go. “We are the global leader in classifieds with top positions in Canada, Australia, Germany, Japan and the United Kingdom, and sites in more than 1,000 cities across 20 countries. The acquisition of dba.dk and bilbasen.dk gives us technology and expertise we can leverage across our classifieds portfolio to create better customer experiences,” said Donahoe.

Despite obviously not being short with money, eBay will cut its workforce by approx. 10 percent, which translates to about 1,000 employees and several hundred temporary workers. As they say, this reduction will “simplify and streamline eBay’s organization, improve the company’s cost structure and strengthen the overall competitiveness of the company’s existing businesses.” I bet it’s great consolation to the folks that are about to be laid off.

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]]> http://www.techaddress.com/2008/10/06/ebay-on-a-shopping-spree-buys-bill-me-later-and-dba/feed/ “$10K for Alltop? Guy Kawasaki Got Taken!” http://www.techaddress.com/2008/03/21/%e2%80%9c10k-for-alltop-guy-kawasaki-got-taken%e2%80%9d/ http://www.techaddress.com/2008/03/21/%e2%80%9c10k-for-alltop-guy-kawasaki-got-taken%e2%80%9d/#comments Sat, 22 Mar 2008 02:33:03 +0000 ebayquisition http://www.techaddress.com/2008/03/21/%e2%80%9c10k-for-alltop-guy-kawasaki-got-taken%e2%80%9d/ Source:Mashable!
I recently interviewed Guy Kawasaki, who is becoming rather known for his ability to launch websites for increasingly shrinking prices. So when we received an email in the Mashable inbox with “$10K for Alltop? Guy Kawasaki got taken!” as the subject line, our interest was effectively piqued.
So who’s the man that made […]SHARETHIS.addEntry({ title: “\”$10K for Alltop? Guy Kawasaki Got Taken!\”", url: “http://mashable.com/2008/03/21/askablogr/” });

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]]> http://www.techaddress.com/2008/03/21/%e2%80%9c10k-for-alltop-guy-kawasaki-got-taken%e2%80%9d/feed/ Skype Acquisition Drags EBay’s Earnings Down http://www.techaddress.com/2007/10/18/skype-acquisition-drags-ebay%e2%80%99s-earnings-down/ http://www.techaddress.com/2007/10/18/skype-acquisition-drags-ebay%e2%80%99s-earnings-down/#comments Thu, 18 Oct 2007 10:30:05 +0000 web 2.0 ebayquisition http://www.techaddress.com/2007/10/18/skype-acquisition-drags-ebay%e2%80%99s-earnings-down/ Source:Mashable!
EBay has posted a loss of $936 million for the third quarter on Wednesday, a direct result of a previously disclosed $1.39 billion writedown of its investment in Skype. EBay earned 564 million in the third quarter - a great result compared to last year’s $339 million for the same period, but obviously it was […]

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]]> http://www.techaddress.com/2007/10/18/skype-acquisition-drags-ebay%e2%80%99s-earnings-down/feed/ Skype co-founder Agrees Skype was Overpriced http://www.techaddress.com/2007/10/09/skype-co-founder-agrees-skype-was-overpriced/ http://www.techaddress.com/2007/10/09/skype-co-founder-agrees-skype-was-overpriced/#comments Wed, 10 Oct 2007 04:30:20 +0000 social software ebayquisition http://www.techaddress.com/2007/10/09/skype-co-founder-agrees-skype-was-overpriced/ Source:Mashable!
Umee.tv, the YouTube video aggregator, has launched its Facebook application. You can check it out here.
This video search tool lets you view clips directly within the application. You can select to watch the most popular, the most recent, those that have been voted up by your friends, and those that […]Source:Mashable!
After facing criticism for its rather vague and very troublesome Terms of Service brought to our attention last week, AT&T has announced that it will modify the language used in its ToS. You may remember that the original terms said that the Internet provider had the right to terminate the service of any customer […]Source:Mashable!
Skype co-founder Niklas Zennstrom has said that he agrees the original valuation for the VoIP company as put on by purchaser eBay was too high. While he felt the company was growing at a good rate, he still felt that more time was needed before it reached the valuation price. Last week, […]

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