eBay said Friday that the investor group led by Silver Lake has reached a settlement agreement with Joltid Limited and Joost N.V. that gives Skype ownership over all software licensed from Joltid and ends all litigation against the investor group and eBay at the closing of the acquisition.
eBay said Wednesday it is launching a new digital magazine called "The Inside Source" that will be focused on "insights and stories based on what more than 89 million active users are searching for, buying and selling" on the auction site.
The Inside Source content will be managed by an editorial team, led by Meredith Barnett, previously Director of Digital Media for Lifetime Digital. The content will focus on a variety of lifestyle topics, including fashion, technology, automotive, home and garden, pop culture and sustainability.
Update 3: Skype and eBay may be close to resolving their issues. Om Malik reports:
eBay continued a trend started by Google and Yahoo in the sense that it beat analysts' expectations while announcing its third quarter earnings this afternoon. Unfortunately for the company, it broke with their tradition by issuing some rather weak predictions about the fourth quarter.
eBay and PayPal announced today that they are now offering Bill Me Later as a payment option during checkout. This means that "qualified" customers in the U.S. can now buy items and pay for them over time without using a credit card.
The option will be available for Buy It Now and approved auction purchases on eBay. It is also available at "tens of thousands" of online stores that accept PayPal Express Checkout.
Some eBay sellers have been taking issue with the fact that they are not being considered "Top Rated Sellers" in eBay's program of that name. As far as they can tell, they meet the requirements, but are having no luck being included in this group.
Ina Steiner at AuctionBytes was able to get a response from eBay on the matter with the following points:
eBay's Green Team has launched a six-week "re+purpose" campaign designed to get people to make more sustainable shopping choices and increase awareness about green products.
eBay's re+purpose campaign starts today with a partnership with The Uniform Project, an organization that is focused on raising awareness about sustainable fashion.
eBay's approach to customer service in Europe is about to change in a big way. eBay announced today that it will eliminate a full 400 positions in Germany, while at the same time, the company intends to hire 100 new employees in Ireland and establish what it calls a "European Centre of Excellence."
eBay and GM have finished trying to sell new cars together, at least for the time being. The California-only "Click and Buy" experiment that benefited from one extension has now wrapped up according to the revised schedule.
eBay investors who are wondering where their money's gone may be within their rights to hit up former CEO Meg Whitman and current chief exec John Donahoe for a few bucks. This morning, Eric Jackson outlined some questionable compensation strategies that have seen both individuals take home a lot of money and also use a large amount for personal travel expenses.
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