GM to end eBay program this month
US based automaker GM has revealed that their trial program to sell vehicles online through eBay Motors would end this month.
The company said that the program has been a success and they are pretty satisfied with the experiment.
GM now plans to use the experience in improving [...]
Marc Andreessen is now a Hewlett Packard board member
HP has announced the appointment of Marc Andreessen to their board.
HP’s chairman and CEO Mark Hurd said in a statement that Andreessen is a “software pioneer whose leadership has helped shape the Internet. Marc’s entrepreneurial background and industry expertise will be a welcome addition to the HP [...]
Taobao.com aims to become a global giant!
Taobao.com is mostly known as the eBay of China.
The company has now revealed that they are aiming to have 1 billion global users shopping on the site in 10 years.
They currently serve around 25 million shoppers each day.
Interestingly, the company currently has no concrete plans [...]
Dean Nelson leaves Sun Microsystems to join eBay
Dean Nelson was in charge of the Sun Microsystems’ global data-center strategy.
He has now announced on his blog that he is leaving Sun to join online auction industry giant eBay.
He would now become the senior director in charge of eBay’s global data-center strategy.
He replaces Olivier [...]
eBay to sell 65 percent stake in Skype
Online auction service eBay has announced that they are selling 65% stake in the VoIP company Skype.
The stake is being acquired by a group of investors. The terms of this deal puts the value of the company at around 2.75 billion dollars.
The company said that they are [...]
GM all set to start selling cars on eBay in California
GM is all set to begin their test program on eBay.com.
This program would see the company dealers sell cars on the leading online auction service.
GM and eBay announced that more than 225 General Motors dealers in California will sell vehicles through the [...]
GM USA might sell new cars through eBay
US based automaker GM has revealed that they are in talks with eBay to sell their cars online through their online store.
GM plans to sell their new cars on eBay. Web users would be able to bid on them to get possible discounts.
They would still be [...]
Actus targets Apple and others with a patent lawsuit
Apple is target of yet another patent related lawsuit.
Actus has filed a lawsuit against Apple and several other companies claiming that they are infringing on their patented technologies.
The lawsuit was filed in May this year in the Eastern District of Texas.
In case of Apple, Actus [...]
eBay gets approval to acquire Gmarket
US based ecommerce company eBay has received approval from the South Korea’s antitrust watchdog to acquire Gmarket.
The approval came with certain conditions like commission freeze for the next three years.
The deal would enable eBay to become a major player in South Korea’s online shopping market.
eBay is acquiring Gmarket [...]
eBay plans to retain significant stake in Skype after IPO
US based ecommerce giant eBay recently announced that they would launch an IPO of Skype sometime next year.
The company has now said that they aim to retain a significant stake in the VoIP Company after the IPO release.
eBay has also said that if they receive [...]
