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WebProNews | Breaking eBusiness News Your source for investigative ebusiness reporting and breaking news.
SkypeIn and Skype Voicemail Launched For Variety of OSs

Skype has launched the public beta of SkypeIn and Skype Voicemail, available in the latest download versions of Skype software for Linux, MAC OS X, Pocket PC and Windows platforms.

McDonald’s Celebrates Anniversary of First Restaurant

Yesterday marked the 50th anniversary of when the first McDonald’s was opened in Des Plaines, Illinois by Ray Kroc.

EU Bans U.S. Animal Feed Imports

An emergency ban has been placed on U.S. animal feed imports by the European Union.

Cisco Intends To Acquire TopSpin

Cisco Systems intends to purchase server fabric switch maker TopSpin Communications for $250 million.

Rocket Takes Crew To Space Station to Relieve Current Crew

Yesterday a Russian rocket carrying a 3-man international crew was launched from Kazakhstan.

Sony Ericsson Profits Plunge Due to Competition

Sony Ericsson Mobile is not having the best luck with profits which have decreased by 61%.

Dr. Michael Griffin Voted As NASA Administrator

Longtime AIAA member Mike Griffin was three weeks away from becoming president of the American Institute of Astronautics and Astronautics.

Wal-Mart Sales In Line With Forecast

Sales at Wal-Mart stores in the U.S. open at least one year have rose in line with the company’s forecast.

Adobe To Purchase Macromedia

Adobe Systems is acquiring Macromedia in an all-stock transaction valued at approximately $3.4 billion.

Westar Energy Settles Shareholder Suits

Westar Energy has reached an agreement in principle to settle pending shareholder securities class action and shareholder derivative lawsuits related to actions that occurred under former management.

Skype Announces SkypeIn and Skype Voicemail Beta

Skype, the Global Internet Telephony Company, today announced the public beta launch of SkypeIn and Skype Voicemail, two new premium services available in the latest download versions of Skype software for Linux, MAC OS X, Pocket PC and Windows platforms.

HP Completes Acquisition of Snapfish

HP today announced the completion of its acquisition of Snapfish, a leading online photo service. Effective today, Snapfish has joined HP’s Consumer Imaging and Printing business led by Larry Lesley, senior vice president.

MG Rover Faces Large Amount of Job Losses

MG Rover’s administrators said there was no hope for selling the business whole, and the company faces a large amount of job losses.

Mattel Earnings Lower Than Last Year

Mattel reported 2005 first quarter financial results including net income of $6.5 million, or $0.02 per share, compared to last year’s first quarter net income of $9.0 million, or $0.02 per share.

Borders Makes Changes To Management

Borders Group announced a series of management reassignments to support the company’s growth strategies inside and outside of the United States.

Brookstone To Be Acquired By Consortium

Product developer and specialty retail company Brookstone announced that it has signed a definitive merger agreement to be acquired by a consortium led by…

PETCO Files For Deadline Extension on Form 10-K

PETCO Animal Supplies announced that it is filing a Form 12b-25 with the Securities and Exchange Commission for a 15-day extension-filing deadline for its Annual Report on Form 10-K for the year ended January 29, 2005.

Intel Celebrates Moore’s Law By Stressing Innovation

Intel Corporation CEO Craig Barrett today described the key technologies and policies that continue to move the industry forward and drive innovation.

Oil Prices Sink To Nearly $50

Oil prices have gone down to nearly $50 a barrel with signals that supplies are growing.

Mentor Application Gets FDA Advisory Panel Approval

Mentor’s application to sell silicone-gel breast implants was approved by an FDA advisory panel.

Raytheon Submits Settlement Offer To SEC

Raytheon Company has submitted an offer of settlement to the staff of the Securities and Exchange Commission (“SEC”)…

Cree Announces Third Quarter Revenue

Cree announced revenue of $96,710,000 for the third quarter of fiscal 2005 which ended on March 27, 2005, representing a 25 percent increase over the Company’s comparable year ago period revenue of $77,223,000.

MG Rover Loses Hope Of Selling Business Whole

MG Rover is facing a large number of job losses as the company’s administrators said there was no hope of selling the business whole.

Profit Troubles for Sony Ericsson

Sony Ericsson Mobile’s profits went down 61% with competition in prices getting stiffer.