eBay Earns

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August 2008
- Irked EBay Sellers: Going, Going, Gone
  
  Wall Street Journal | Aug 12, 08 5:24 PM CDT
  
  (Newser) - Still soured by February's jacked-up fees and changed feedback policy, some sellers have left eBay for greener—and in many cases, smaller—online pastures, reports the Wall Street Journal . Alternative e-commerce sites such as Wigix, Silkfair, Etsy, and Oodle have wooed disgruntled merchants with lower fees, free how-to's and, in some cases, a niche market. More »
July 2008
- Tips to Avoid Online Scams
  
  Forbes | Jul 17, 08 1:29 PM CDT
  
  (Newser) - If it looks too good to be true, it might be. Counterfeit goods are no stranger to sites as mainstream as eBay, so you'll want to take a few precautions to avoid forking it over for a fake. Forbes outlines tips for a safe and reliable e-shopping spree. Know what to look for: Before purchasing a pricey purse item, read a corresponding authenticity guide. Written by legitimate sellers, you'll learn what to look for, from genuine monogram placement to label fonts. More »
- EBay Wins Pivotal Tiffany Counterfeit Suit
  
  Wall Street Journal | Jul 14, 08 6:11 PM CDT
  
  (Newser) - A US judge ruled today that eBay had taken sufficient steps to stop the sale of fake Tiffany jewelry, the Wall Street Journal reports. Ruling on a suit filed by the New York-based jeweler, the judge deemed Tiffany responsible for monitoring its trademark. It was a pivotal victory for eBay, which has been forced to pay millions to luxury-goods makers in Europe. More »
June 2008
- Luxe Knockoffs Cost eBay $63M
  
  Wall Street Journal | Jun 30, 08 4:48 PM CDT
  
  (Newser) - A French court sided today with couturier Louis Vuitton in a suit against eBay, ruling the auctioneer must pay $63.1 million in damages for fake goods sold on its site—a ruling the Wall Street Journal says will force eBay to step up anti-counterfeiting protections. EBay says it will appeal the judgment, its second recent defeat in French courts. More »
- Investor Wins $2.1M Lunch With Buffett
  
  Associated Press | Jun 29, 08 1:37 PM CDT
  
  (AP) - A Chinese investment fund manager won the chance to have lunch with billionaire Warren Buffett by bidding $2.1 million in the most expensive charity auction ever held on eBay. Zhao Danyang of the Hong Kong-based Pureheart China Growth Investment Fund won the auction, which ended Friday evening with a bid of $2,110,100. More »
- Aussie Man's Life Fetches $2M on eBay
  
  West Australian | Jun 23, 08 9:45 AM CDT
  
  (Newser) - An Australia resident may rake in over $2 million after he put his life—including his house, job, and friends—for sale on eBay, the Western Australian reports. The deal, which the man says hatched when his wife left him, comes complete with a jet ski and motorcycle. The reserve price was some $475,000, but bidders have now offered over $2 million. More »
- Amazon Kept Laughing After Dot-Com Bust
  
  Economist | Jun 20, 08 4:45 PM CDT
  
  (Newser) - Yahoo, eBay, and Amazon emerged from the dot-com bust as a mighty triumvirate, but only Amazon has kept its mojo in the decade's latter stages, the Economist reports. Yahoo, the oldest of the lot at 14, shooed away Microsoft, surrendered part of its business to Google, and failed to stay current. It survives, “but on the web’s equivalent of life support." More »
- EBay Will Open Doors to Outside Programmers
  
  Reuters | Jun 17, 08 6:34 PM CDT
  
  (Newser) - EBay has revealed a plan to let third-party software programs work within its Selling Manager, a tool used by 700,000 large merchants. Project Echo is the latest landmark in an openness movement that helped Facebook hit its stride, Reuters reports, as independent developers will soon have their software promoted on the auction giant. More »
- eBay Auctions: Going, Going ... Gone?
  
  BusinessWeek | Jun 4, 08 12:49 PM CDT
  
  (Newser) - EBay is the Internet’s top auction site—which would be great if consumers still liked auctions. Long gone are days when consumers happily stalked their prey, which went to the top dog in frenzied bidding. These days, most prefer quick, one-click, fixed-price shopping—and eBay is scrambling to accommodate them, BusinessWeek reports. Old-school auction sellers, meanwhile, are furious. More »
May 2008
- Craigslist Feared eBay Takeover
  
  New York Times | May 1, 08 5:10 PM CDT
  
  (Newser) - Why did eBay sue Craigslist last week? Craiglist's fear of a hostile takeover played a role, the New York Times reports. The relationship between the classified ads site and minority shareholder eBay began to sour after eBay launched rival site Kijiji. Craigslist’s directors smelled a takeover in the offing and reorganized their stock to reduce the auction giant’s holding from 28.04% to 24.85%. EBay lost its right to elect a director—and sued. More »
April 2008
- Okla. Man Buys Santa Monica Ferris Wheel
  
  Los Angeles Times | Apr 26, 08 9:19 AM CDT
  
  (Newser) - The Santa Monica Pier Ferris wheel has been sold on eBay for $132,400—to a first-time eBayer and the son of a former Oklahoma City mayor, the Los Angeles Times reports. Grant Humphreys, a 32-year-old real estate developer who'd never set eyes on the crowd-pleaser, placed the winning bid yesterday just before the close of the auction that drew six bidders. More »
- EBay Sues Craigslist as 'Family' Kerfuffle Gets Nasty
  
  New York Times | Apr 23, 08 3:15 AM CDT
  
  (Newser) - The uneasy relationship between Craigslist and eBay, its competitor-turned-minority shareholder, has taken a turn for the worse. EBay has filed a lawsuit against Craigslist, accusing the classified ad site of "unfairly" diluting the auction giant's stake in it by 10%, the New York Times reports. Craigslist has fired back, calling eBay "unethical" and accusing it of aiming for a hostile takeover. More »
- eBay Profits Jump 22% Under New CEO
  
  Wall Street Journal | Apr 16, 08 6:50 PM CDT
  
  (Newser) - EBay's revenue soared 24% in the first quarter, the Wall Street Journal reports, with profits up 22%. Fueled by continued success with its online auction business and PayPal, its online-payment component, the company also raised its projected 2008 earnings to $8.7 billion to $9 billion, well beyond Wall Street expectations. More »
- EBay's Turnaround Bid: Users Not Buying It Now
  
  Wall Street Journal | Apr 16, 08 8:57 AM CDT
  
  (Newser) - When eBay releases its first quarter earnings today, investors and curious onlookers will get a good look at the auctioneer’s turnaround efforts. But conventional grumbling has it that the changes haven’t done much. EBay overhauled its fee structure and tried to encourage sellers to improve customer service, but buyers don’t seem to be responding, the Wall Street Journal reports. More »
March 2008
- Can New CEO Keep eBay on Top?
  
  USA Today | Mar 31, 08 2:12 PM CDT
  
  (Newser) - As John Donahoe takes over from Meg Whitman as CEO of eBay today, he inherits a grande dame where Whitman oversaw the rise of an e-commerce belle. Still dominant in online auctions, the company has nonetheless faced slowing growth and stiffening competition. But analysts think Donahoe, the former eBay Marketplace president, can hold the site's high bid on the market, USA Today reports. More »
- Tiffany Presses eBay to Police Forgeries
  
  Wall Street Journal | Mar 26, 08 8:26 AM CDT
  
  (Newser) - A legal battle between Tiffany & Co and eBay could change the face of online auctioneering forever, the Wall Street Journal reports. The jeweler says eBay should be responsible for checking its millions of listings for counterfeit goods, while eBay maintains that it's up to the trademark holder to flag the fakes—especially since eBay itself never holds the items. More »
- Broken-Hearted Brit Posts His Life on eBay
  
  ABC News (Australia) | Mar 18, 08 2:58 PM CDT
  
  (Newser) - Good news for anyone who's ever wanted to be someone else: You can be Ian Usher of Perth, Australia. The native Brit went through a nasty divorce and has decided to put his whole life on the eBay auction block: house, friends, motorcycle, car, even his job. The total cost? Upwards of $390,000, roughly the value of the house, ABC News reports. More »
February 2008
- Tech Giants Behave Like Nations
  
  ABC News | Feb 29, 08 4:45 PM CST
  
  (Newser) - A comparison of two of this week’s big tech news stories, the end of an eBay boycott and Google’s announcement of the construction of a new trans-Pacific fiber optic cable, show how the tech giants have moved beyond old corporate paradigms, writes Michael Malone for ABC News. With business models that involve unprecedented consumer participation, these companies behave increasingly like sovereign nations. More »
- EBay Finally Settles Patent Suit
  
  Wall Street Journal | Feb 29, 08 12:17 PM CST
  
  (Newser) - After years of legal battling that escalated to the Supreme Court, eBay has settled a patent-infringement lawsuit by e-commerce technology company MercExchange. The companies aren’t revealing the financial terms, but eBay will buy the three patents that led to the suit. The auction giant said the agreement won’t affect its 2007 results or 2008 financial guidance, reports the Wall Street Journal . More »
- 1-Week eBay Boycott Ends Tomorrow
  
  USA Today | Feb 24, 08 7:00 PM CST
  
  (Newser) - More eBay goodies may go on sale tomorrow as angry sellers end a 1-week boycott, USA Today reports. The ban "has had no impact on our listings," one eBay exec said, but third-party tracking sites saw a 13% drop. The sellers' snub was sparked when eBay recently upped its commission and eliminated bad buyer feedback. More »