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• eBay cuts 10% of workforce and buys three companies

  The new CEO of eBay, John Donahoe, has announced that the firms is cutting 10% of its 16,000 workforce in an effort to cut costs before its October 15 board meeting. He also announced the acquisition of three companies for USD1.35bn. ...

  Tue Oct 7, 2008 @ 11:49 AM PDT

  Tags: eBay Inc., Workforce, Bill, E-business/E-Commerce, Mergers & Acquisitions, Recruitment & Selection, Workforce Management, Corporate Law, Leadership, Financial Services, Payroll Solutions, Internet, Investment, Finance, Human Resources, Business Operations, Management, editorial, Bill Me Later, Inc.

• Online Firm EBay to Cut 1,600 Jobs

  After a series of changes designed to draw more people to its online marketplace, eBay Inc's latest alteration is aimed at its own employees.The auction site operator said Monday it will cut about 1,600 jobs, 10 per cent of its work force, in its largest round of dismissals ever.About...

  Tue Oct 7, 2008 @ 9:25 AM PDT

  Tags: Job, eBay Inc., Recruitment & Selection, Retail, E-business/E-Commerce, Human Resources, Workforce Management, Internet, AP

• Tech Roundup: Linux Boomerangs, Faux Military Chips, and More

  Linux laptops become boomerangs, strong returns -- At least one OEM, MSI, is seeing much stronger returns on Linux laptops than on those running Windows, to the tune of four to one. Apparently people like the price, open the box when they get home, start the laptop up, and then...

  Tue Oct 7, 2008 @ 5:35 AM PDT

  Tags: Yahoo! Inc., Boomerang, Microsoft Corp., eBay Inc., Laptop Computer, Chip, Linux, UNIX, Operating Systems, Semiconductors, Network Technology, Open Source, Software, Hardware, Networking, Erik Sherman

• Sony Updates Its Reader: Built-In Light, Touchscreen But Still No Wireless

  We're in e-book leapfrog mode ... the third generation of *Sony's* Reader Digital Book (PRS-700BC) offers a 6-inch touch screen with built-in LED lighting, a stylus, a virtual keyboard and a faster processor. Priced at $400, $50 higher than the Amazon (NSDQ: AMZN) Kindle, it should start shipping mid-November....

  Tue Oct 7, 2008 @ 2:45 AM PDT

  Tags: Touch Screen, Sony Corp., Wireless, E-books, Keyboards, Personal Technology, Hardware, Peripherals, Staci D. Kramer, Companies, Sony, Media, Books, Technologies/Formats, eEditions, Amazon.com Inc.

• Deal Radar 2008: Elastra

  Back in January, I wrote a Trend Radar piece called SaaS Impact on IT Infrastructure and predicted that the adoption of SaaS in the enterprise will give rise to a series of innovations to help manage the operational complexities surrounding the phenomenon. In this column, we look at Elastra,...

  Mon Oct 6, 2008 @ 4:37 PM PDT

  Tags: Amazon.com Inc., Radar, Elastra, Cloud Computing, Software As A Service (SaaS), Emerging Technologies, Sramana Mitra, VC+M&A, Deal Radar: SramanaMitra.com

• Depressing Movies: Netlix Cuts Q4 Outlook; Shares Down

  So maybe people aren't watching that many movies during these depressing times, or at least not joining a new service in droves: Netflix (NSDQ: NFLX) has cut its Q4 subscriber outlook, and also said that Q3 ended with fewer subscribers than it anticipated. CFO Barry McCarthy said that...

  Mon Oct 6, 2008 @ 2:19 PM PDT

  Tags: Subscriber, Microsoft Outlook, Groupware, Microsoft Office, Operational Accounting, Office Suites, Software, Enterprise Software, Finance, Rafat Ali, Entertainment, Movies, DVD, Money, Earnings, NetFlix Inc.

• Retail Roundup: Specialty Stores Succeed, e-Bay Points Compass Overseas

  Specialty apparel stores add new hires while department stores trim staff -- While department stores are feeling a heavy blow thanks to decreased consumer spending, specialty stores seem to be grappling their way through the dark economy without picking up too many bruises along the way. While department stores shed 10,800 jobs in September,...

  Mon Oct 6, 2008 @ 2:19 PM PDT

  Tags: Department Store, Board, J.C. Penney Co. Inc., Online Classifieds, eBay Inc., Walgreen Co., Specialty Store, Corporate Governance, Business Operations, Corporate Law, Danielle Novy

• eBay Pays $945M For Bill Me Later; Buys Two Danish Sites For $390M; Cutting Staff By 10 Percent

  eBay (NSDQ: EBAY) announced two acquisitions—spending over $1.3 billion altogether—this morning designed to shore up its other parts of its business in the face of declining profits and stagnant traffic at its primary online auction site. The company also finally addressed layoff rumors and said that it is indeed...

  Mon Oct 6, 2008 @ 12:17 PM PDT

  Tags: Online Classifieds, eBay Inc., David Kaplan

• eBay buys Danish rival, Den Bla Avis, for USD381.9m

  eBay is accelerating its international expansion with the acquisition of Danish rival, Den Bla Avis, for DKK2.1bn (USD381.9m). Den Bla Avis operates online auction site dba.dk, a classified ads magazine as well as various classifieds sites and two physical second-hand stores. ...

  Mon Oct 6, 2008 @ 11:48 AM PDT

  Tags: eBay Inc., Den Bla Avis, Web Technology, E-business/E-Commerce, Internet, Francesco Canepa

• Apple to sell Macs through Carphone Warehouse - Rumour

  Apple is set to sell Macs and Mac accessories through Carphone Warehouse CW in a bid to increase its computer sales in the UK, reports AppleInsider. As many as 800 of the mobile phone retailer’s stores could be Apple authorised to sell Macs by next year with Apple-trained sales...

  Mon Oct 6, 2008 @ 11:47 AM PDT

  Tags: Apple Macintosh, Apple Inc., AppleInsider, Consumer Environment, Sales Strategy, Desktops, Sales Force Management, Sales, Hardware, editorial, Toshiba, Acer, Carphone Warehouse, Best Buy Co. Inc.

• EBay to Cut 10 Percent of Jobs

  NEW YORK (Reuters) - EBay Inc plans to cut its work force 10 percent and sees third-quarter revenue hitting the low end of its forecast, though profit will exceed expectations, the online auction Web site said on Monday.EBay also said it would spend more than $1.3 billion to buy companies...

  Mon Oct 6, 2008 @ 6:45 AM PDT

  Tags: Job, eBay Inc., Operational Accounting, Finance, Financial Accounting, Us

• Wal-Mart's Small-Store Test Starts this Weekend

  Will small grocery stores built by major chains prove to be a successful alternative to huge supermarkets? Perhaps, over the long run. But will they prove to be successful during possibly severe recession? We may soon find out. Wal-Mart tomorrow will open the first...

  Fri Oct 3, 2008 @ 4:03 PM PDT

  Tags: Wal-Mart Stores Inc., Store, Food & Beverage, Manufacturing, Dan Mitchell

• Sainsbury Sales Seen Picking Up

  By Mark PotterLONDON (Reuters UK) - J Sainsbury SBRY, the third-biggest supermarket group, is expected to report a 3.9 percent rise in second-quarter underlying sales on Wednesday, a pick up from the first quarter, but lagging rivals.Investors will be looking for signs of how the group, which is associated with...

  Fri Oct 3, 2008 @ 1:45 PM PDT

  Tags: Tesco, Analyst, Sales, Environment, Sainsbury Sales, Shoppers, Tractor Supply Co., Wal-Mart Stores Inc.

• Family Dollar Stores, Inc. F4Q08 (Qtr End 08/31/08) Earnings Call Transcript

  Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Mark Miller - William Blair & Company Mark Miller - William Blair & Company Can you discuss Family Dollar’s marketing strategy in an environment where we can expect that promotions probably only going to increase...

  Fri Oct 3, 2008 @ 10:35 AM PDT

  Tags: Family Dollar Stores Inc.

• Sainsbury Sales Seen Picking Up

  By Mark PotterLONDON (Reuters UK) - J Sainsbury SBRY, the nation's third-biggest supermarket group, is expected to report a 3.9 percent rise in second-quarter underlying sales on Wednesday, a pick up from the first quarter, but lagging rivals.Investors will be looking for signs of how the group, which is associated...

  Fri Oct 3, 2008 @ 7:31 AM PDT

  Tags: Tesco, Analyst, Sales Strategy, Sales, Environment, Sainsbury Sales, Tractor Supply Co., Wal-Mart Stores Inc.

• Conn's: Well-Run Regional Player

  Steve Alexander submits: Conn's CONN is a regional home appliance (27% of sales) and consumer electronics (30%) retailer operating 73 stores in Texas, Louisiana, and recently into Oklahoma. Right off the bat, the first thing that comes to mind is "tough competition." Indeed, since the company is going nose to...

  Fri Oct 3, 2008 @ 2:05 AM PDT

  Tags: Retail, Conns Inc.

• GE Shares Slide After Secondary Stock Offering

  By Scott MaloneBOSTON (Reuters) - General Electric Co GE shares fell as much as 10 percent on Thursday, touching a new 5-1/2-year low, as its sale of $15 billion in new stock to investors including Warren Buffett failed to soothe Wall Street worries.GE shares have tumbled about 40 percent this...

  Thu Oct 2, 2008 @ 2:45 PM PDT

  Tags: General Electric Co., Stock, Financial Accounting, Real Estate, Exxon Mobil Corp., Microsoft Corp., Rescue Plan, Wal-Mart Stores Inc.

• GameStop buys rival Micromania for USD700m

  US videogames retailer, GameStop, has bought French rival Micromania for USD700m from private equity firm L Capital. The acquisition marks GameStop's expansion into France, where Micromania operates 332 stores. GameStop says the deal will bring its retail points in Europe to 1,077, spread across 12 countries. ...

  Thu Oct 2, 2008 @ 11:42 AM PDT

  Tags: GameStop Corp.

• eBay Down Further as Morgan Stanley Downgrades

  Eric Savitz (Barron's) submits: There’s new selling pressure on eBay EBAY Thursday morning, after Morgan Stanley’s David Joseph cut his rating on the stock to Equal Weight from Overweight. “Seller checks and proprietary data indicate that trends deteriorated more than expected in Q3 amid eBay’s ongoing transition in...

  Thu Oct 2, 2008 @ 11:37 AM PDT

  Tags: eBay Inc., Internet

• Deal Radar 2008: Aggregate Knowledge

  Aggregate Knowledge AK provides content discovery through the Pique Discovery Network, a service that imitates how people shop for products offline and translates that into opportunities for retailers and publishers online. The company works with various content and e-commerce sites and provides their users with recommendations, thereby increasing page...

  Thu Oct 2, 2008 @ 10:31 AM PDT

  Tags: Revenue, Knowledge, Business Model, Overstock.com Inc., Radar, Aggregate Knowledge, Leadership Team, Revenue Figure, VentureBeat, Sales Strategy, Operational Accounting, Sales Force Management, Strategy, Sales, Finance, Management, Sramana Mitra, VC+M&A, Deal Radar: SramanaMitra.com

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