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SAN FRANCISCO, Oct. 1 — EBay is finally acknowledging that it paid too much for the Internet phone company Skype two years ago.
The ultimate goals are that (1) eBay Buyer Protection be the primary program for settling issues with eBay transactions; (2) there be no double consequences for sellers, and no double refunds for buyers; and (3) chargebacks override all other disputes.
Option 1 – eBay Insurance: The first option is an experimental insurance policy for eBay that guarantees that you'll be able to auction your iPhone off for a reasonable price (see table).
On Oct. 1, eBay announced it would take a $900 million write-down in the value of Skype for impairment, meaning that eBay executives are admitting they significantly overpaid for Skype when they shelled out $2.6 billion for it in 2005.
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In April I added Amazon (44, AMZN), Ebay (47, EBAY) and Google (436, GOOG).
Youtube 2. Facebook 3. Google 4. Sex 5. MySpace 6. Porn 7. Yahoo 8. Youtube.com 9. eBay 10.
You Tube 8. Miniclip 9. Yahoo 10. eBay 11.
[A1.] EBay Selects I.B.M.
8. EBay tanked after posting disappointing earnings.
That implies that some 50,000 eBay auctions involved fraud.
We've had the 99p eBay wedding dress and the £999 credit crunch reception.
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