Word: ebay
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Skoll isn't just any filmmaker. He's a cofounder of eBay, who retired at 35 with a reported $2 billion in his pocket. Like most other entrepreneurs who have made their first billion before 35, the boyish-looking Skoll is an intensely driven man. Exhausted employees say he is rarely out of touch and never without his Sidekick, Treo and cell phone. These days Skoll's primary objective is not to make money but rather to spend what he has pursuing such lofty ideals as government accountability and social and economic justice...
...there's no way to keep track of how many native Chinese speakers are using Skype to chat with people in the U.S., informal surveys suggest a high degree of cold-calling between the two countries, each of which has 5 million subscribers. Skype, which has been acquired by eBay, is looking into adding translation services as a possible pay feature in 2006. Last week it released a long-awaited 2.0 edition that enables users to plug in their Web cameras and make free video calls. But one country refuses to get caught up in all the chatter. North Korea...
...company has also targeted online commerce, teaming with Internet telephone service Skype to test Internet-based voice authentication that verifies transactions on the fly for the likes of Amazon and eBay. Your plastic may still be vulnerable, says Kramer, but "no one can steal your voice...
HALF.COM, ORE. In 2000 the hamlet of Halfway got cash and computers to rechristen itself for one year after this website, which later was sold to eBay for a mint...
...admirable sentiment, but many in the industry wonder how much Betfair has left on the table in the short term. The firm likes to style itself as the eBay of online gambling because it enables people to place bets against one another. That has proved to be a recipe for growth: revenues almost doubled last year to $187 million, and more than 3 million bets per day now pass through the firm. But its profit margins are far lower than those of rival PartyGaming, for example, and its board recently decided against a public stock offering anytime soon...