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50 Ways to Hock Your Lover
 50 Ways to Hock Your Lover 

50 Ways to Hock Your Lover

ExBoyfriendJewelry.com offers more than just a penny for your thoughts

(Newser) - Diamonds really are a girl's best friend, especially when auctioned off to sympathetic sisters on ExBoyfriendJewelry.com. EBay offers goods without much backstory, but the founders of the gem-hocking site put a personal twist on swapping, selling, and auctioning artifacts of toxic relationships, the New York Times reports.

Okla. Man Buys Santa Monica Ferris Wheel

Pier attraction brings in $132,400

(Newser) - The Santa Monica Pier Ferris wheel has been sold on eBay for $132,400—to a first-time eBayer and the son of a former Oklahoma City mayor, the Los Angeles Times reports. Grant Humphreys, a 32-year-old real estate developer who'd never set eyes on the crowd-pleaser, placed the winning bid...

EBay Sues Craigslist as 'Family' Kerfuffle Gets Nasty

Online culture clash heads for court

(Newser) - The uneasy relationship between Craigslist and eBay, its competitor-turned-minority shareholder, has taken a turn for the worse. EBay has filed a lawsuit against Craigslist, accusing the classified ad site of "unfairly" diluting the auction giant's stake in it by 10%, the New York Times reports. Craigslist has fired back,...

Skype Launches $9.95 Plan for Unlimited Foreign Calls

Flat rate covers calls to 34 countries

(Newser) - Internet calling system Skype is introducing a plan for unlimited overseas phone calls for $9.95 a month, CNET reports. The plan includes 34 European and Far Eastern countries, along with Australia and New Zealand—but the deal is limited to landlines except for calls to cell phones in Canada,...

eBay Profits Jump 22% Under New CEO
eBay Profits Jump 22% Under New CEO
EARNINGS REPORT

eBay Profits Jump 22% Under New CEO

Site raises projected revenue to $9B, exceeds estimates

(Newser) - EBay's revenue soared 24% in the first quarter, the Wall Street Journal reports, with profits up 22%. Fueled by continued success with its online auction business and PayPal, its online-payment component, the company also raised its projected 2008 earnings to $8.7 billion to $9 billion, well beyond Wall Street...

EBay's Turnaround Bid: Users Not Buying It Now

Stagnant auction site's overhaul gets lukewarm reaction

(Newser) - When eBay releases its first quarter earnings today, investors and curious onlookers will get a good look at the auctioneer’s turnaround efforts. But conventional grumbling has it that the changes haven’t done much. EBay overhauled its fee structure and tried to encourage sellers to improve customer service, but...

Internet Bigwigs Fight NY Law on Tracking Web Users

Companies say they have a right to collect information for advertisers

(Newser) - Google, Yahoo and a bevy of Internet biggies have joined to fight a proposed New York state law that would limit their ability to collect information about people's web habits for advertisers, reports the Wall Street Journal. The coalition says the law would endanger the future of online advertising and...

Can New CEO Keep eBay on Top?

Company faces slowing growth, competition

(Newser) - As John Donahoe takes over from Meg Whitman as CEO of eBay today, he inherits a grande dame where Whitman oversaw the rise of an e-commerce belle. Still dominant in online auctions, the company has nonetheless faced slowing growth and stiffening competition. But analysts think Donahoe, the former eBay Marketplace...

Tiffany Presses eBay to Police Forgeries

Showdown may force online auctioneer to monitor—at a big cost

(Newser) - A legal battle between Tiffany & Co and eBay could change the face of online auctioneering forever, the Wall Street Journal reports. The jeweler says eBay should be responsible for checking its millions of listings for counterfeit goods, while eBay maintains that it's up to the trademark holder to flag...

Broken-Hearted Brit Posts His Life on eBay

House, car, friends, job will all go to the highest bidder

(Newser) - Good news for anyone who's ever wanted to be someone else: You can be Ian Usher of Perth, Australia. The native Brit went through a nasty divorce and has decided to put his whole life on the eBay auction block: house, friends, motorcycle, car, even his job. The total cost?...

Tech Giants Behave Like Nations
Tech Giants Behave Like Nations
OPINION

Tech Giants Behave Like Nations

eBay boycott shows how 'social contract' can be mishandled

(Newser) - A comparison of two of this week’s big tech news stories, the end of an eBay boycott and Google’s announcement of the construction of a new trans-Pacific fiber optic cable, show how the tech giants have moved beyond old corporate paradigms, writes Michael Malone for ABC News. With...

EBay Finally Settles Patent Suit
EBay Finally Settles Patent Suit

EBay Finally Settles Patent Suit

Will buy three patents as part of agreement with MercExchange

(Newser) - After years of legal battling that escalated to the Supreme Court, eBay has settled a patent-infringement lawsuit by e-commerce technology company MercExchange. The companies aren’t revealing the financial terms, but eBay will buy the three patents that led to the suit. The auction giant said the agreement won’t...

1-Week eBay Boycott Ends Tomorrow
1-Week eBay Boycott Ends Tomorrow

1-Week eBay Boycott Ends Tomorrow

Site claims 'no impact' on listings, but one source sees 13% drop

(Newser) - More eBay goodies may go on sale tomorrow as angry sellers end a 1-week boycott, USA Today reports. The ban "has had no impact on our listings," one eBay exec said, but third-party tracking sites saw a 13% drop. The sellers' snub was sparked when eBay recently upped...

Now on eBay: 6 Million Songs for Just $50M

World's greatest music collection is looking for a home, again

(Newser) - Record collector supreme Paul Mawhinney has put his collection of over 6 million songs on eBay, but with its value estimated at $50 million and a $3 million starting bid, bidders could be rarer than some of the jewels in the collection, the Idolator writes. "It's the history of...

EBay Sellers Plan Boycott Week
EBay Sellers Plan Boycott Week

EBay Sellers Plan Boycott Week

Movement to protest fee hikes and policy changes gains steam

(Newser) - Torqued eBay sellers are giving the online auction site some pretty clear feedback about planned changes. Using eBay's own chatrooms, sellers are trying to organize a one-week boycott to protest jacked-up fees and changed feedback rules. But the would-be boycott is nothing new, reports CNNMoney, as each January eBay introduces...

EBay Silences Sellers with New Feedback Scheme

System designed to prevent retaliatory feedback

(Newser) - Ebay’s new feedback system is leaving a negative impression on sellers. Noticing that many buyers were fed up with “retaliatory” feedback, the auctioneer has decided to prevent sellers from leaving feedback at all, Ars Technica reports. “The current feedback system isn’t where it needs to be,...

Do New eBay Rules Sell Out Sellers?
Do New eBay Rules Sell
Out Sellers?

Do New eBay Rules Sell Out Sellers?

Changes are meant to reward big auctioneers, but may hurt others

(Newser) - Newly announced changes to eBay sellers’ fees do not always benefit auctioneers—and the backlash among them has already begun. “This is clearly not a straight fee decrease,” says the editor of AuctionBytes. Indeed, in some cases, sellers wind up paying as much s 33% more.

eBay Slashes Listing Fee in Half
eBay Slashes Listing Fee in Half

eBay Slashes Listing Fee in Half

Company hopes to drive growth with new policies

(Newser) - eBay is chopping its listing fee in half and will take a bigger chunk out of the price of sold items, a change that should lower risk for sellers and encourage more listing, the AP reports. The online auction giant is also changing the way its search results work, the...

Ex-eBay CEO Weighs Run for Calif. Governor

Whitman's billions attract attention from Schwarzenegger's party

(Newser) - Meg Whitman, who is resigning as eBay’s CEO after 10 years, is considering running for governor of California as a Republican, the LA Times reports. Whitman became “fascinated” by politics while bundling donations for ex-colleague Mitt Romney, a source says, and some California Republicans like her executive chops...

eBay Names CEO From Its Own Ranks
eBay Names CEO From Its Own Ranks

eBay Names CEO From Its Own Ranks

Donahoe set to take over as auction site predicts weak growth

(Newser) - EBay today named John Donahoe to replace Meg Whitman, who will retire in March, as CEO, the Wall Street Journal reports. Donahoe’s ascension from president of the firm's auction business comes as the company is attempting to transform that aspect of its operations, which provides two-thirds of eBay’s...

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