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That's where Donahoe's tough love comes in. First, he's acquiring companies like Bill Me Later, a payment system, and Danish classified-ad sites that have synergy with eBay's brand. He's also re-evaluating whether to spin off Skype, the voice-over-IP phone-system acquisition that was Whitman's biggest mistake, not to mention a $1.4 billion write-off. eBay overpaid for a company that doesn't directly benefit the core business. Donahoe also launched a new search platform to better catalog the 120 million live listings...

Author: /time Magazine | Title: eBay Bids for Revitalization | 12/11/2008 | See Source »

...down on fraud to build trust to keep customers coming back. "In the Meg Whitman days, eBay didn't have any customer service," says Lindsay of Sanford C. Bernstein. "If something went wrong, it was tough luck, buddy." Today if a buyer pays for the transaction through PayPal--a payment company owned by eBay that has seen tremendous growth--the sale is guaranteed for the full price...

Author: /time Magazine | Title: eBay Bids for Revitalization | 12/11/2008 | See Source »

...questioned the efficacy of such a task force and even Menino’s intentions, noting that the city council had examined such a task force and even Menino’s intentions, noting that the city council had examined such issues of “fair” payment distribution in the past without the mayor’s help...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: City To Look at School Payouts | 12/11/2008 | See Source »

...bank that has seized the property must now go through the full eviction process. According to Hartigan and Haller, every tenant can expect a much larger payment through this process while staying in his or her home without paying rent...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: ‘No One Leaves’ Keeping People Put | 12/11/2008 | See Source »

...much as $1.5 million in future campaign contributions in exchange for the Senate seat. For Blagojevich, the price was right, but the timing was wrong, say prosecutors. Blagojevich didn't want to wait until the next election for the money to arrive. He wanted to see a down payment right away. "Some of this stuff has gotta start happening now," the governor barked to his aide regarding campaign contributions. "And we gotta see it. You understand?" Apparently aware of the illegality of the demand, he told his aide to turn the screws in person, not over the phone. Jackson...

Author: /time Magazine | Title: Governor Gone Wild: The Blagojevich Scandal | 12/11/2008 | See Source »

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