Word: ebay
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...voice providers that want to render the industry as they know it obsolete. The biggest threat to the old order is probably Skype Ltd. of Luxembourg, which has attracted more than 405 million customers since it launched software in 2003 that allows free long-distance calls over the Internet. eBay paid $2.6 billion for Skype four years ago because it believed the free voice operator would mesh well with its auction business. It didn't. Now eBay is spinning off Skype in an IPO, after taking a $1.4 billion write-down. Still, Skype is profitable and growing, and it rolled...
...mayoral term has seen the admission of both an affair with a friend's wife and an alcohol abuse problem, will face stiff competition in his quest for the governor's mansion. Likely opponents for the Democratic nomination include state attorney general Jerry Brown (also a former governor), former eBay CEO Meg Whitman and Los Angeles Mayor Antonio Villaraigosa. But Newsom has shattered expectations before, particularly those predicting he would be a centrist mayor disloyal to San Francisco's liberal tradition. (See TIME's White House Photo Blog...
...respite from grocery shopping's drudgery. Scouring the supermarket for all the items on your list is not much fun. You may get pumped shopping for shoes and new shirts, but who relishes the chance to buy relish? Sure, you can bid on frozen chicken pot pie over the eBay, but that's a pretty lonely endeavor. At the very least, these auctions offer another social outlet in tough times. "It's a fun experience," says Randy Zimmerman, a mother of seven from Holt. "We goof around with the auctioneers. People are having conversations throughout the auction...
...always interested in how the city grew and evolved over time.” said Leskove, who said he had compiled many of his maps after studying abroad in Paris during his junior year in college. To decorate his room, Leskov purchased many maps at live auctions and on Ebay, forming the seed for what would eventually be his award-winning collection. “The maps showed how the city was depicted in different ways over time,” said Leskov, whose maps spanned from the 15th to the 19th century. Leskov was awarded $2,000 and will...
...they call themselves, met in Portuguese class while undergrads at Harvard. Both went on to Harvard Business School, after which Wilson worked for eBay, overseeing eBay Canada and launching eBay Motors, while Maybank ran retail operations at Bulgari and sales-forecasting at Louis Vuitton. Eventually, however, "we discovered we were spending way too much time sneaking to sample sales and taking orders for family members," Wilson says. "We thought this might be a simpler way to go about it and more fun." Only now occasional restraint is in order. "We actually have a policy that we can't buy merchandise...